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Buyer sought for Independent Vetcare, reports suggest
IVC's sale will see a change of ownership for its 300 practices.

Insiders say offers could reach £1.5 billion

The owner of Independent Vetcare (IVC) is rumoured to be preparing to sell it for £1.5 billion, in what would be the sector’s biggest takeover to date, Sky News has reported.

EQT partners, IVC’s controlling shareholder, has instructed bankers at Jefferies to run an auction of the business and its 300 practices. It is seeking offers in the first week of November.

According to Sky News, insiders have said that offers could value the company at up to £1.5 billion. This is compared to the £700 million paid out by BC Partners, which purchased VetPartners in August.

IVC operates in numerous other countries, including Sweden, where it merged with Evidensia Group in 2017.

Commenting on the reports, David Hillier, CEO of IVC said: “There is some current speculation that IVC is potentially seeking additional funding.

"Given the phenomenal growth the company is experiencing this is not particularly surprising and does not imply any change in ownership or strategy.

"For us this is very much business as usual. There is absolutely no change to the underlying business, to the current management team or to the long-term direction of the company.

"We will continue our strong growth, our investment in people, premises and processes in order to provide our stated aim of ‘exceptional veterinary care’”.

 

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Reporting service for dead wild birds updated

News Story 1
 The Animal and Plant Health Agency (APHA) has updated its online reporting service for dead wild birds.

The new version allows those reporting a dead bird to drop a pin on a map when reporting the location. It also includes a wider range of wild bird species groups to select from when describing the bird.

The online service, which helps APHA to monitor the spread of diseases such as avian influenza, can be accessed here. 

Click here for more...
News Shorts
NI chief vet urges bluetongue vigilance

Northern Ireland's chief veterinary officer (CVO) has urged farmers to be vigilant for signs of bluetongue, after the Animal and Plant Health Agency warned there was a very high probability of further cases in Great Britain.

There have been 126 confirmed cases of bluetongue virus serotype 3 in England since November 2023, with no cases reported in Northern Ireland. The movement of live ruminants from Great Britain to Northern Ireland is currently suspended.

According to the Department of Agriculture, Environment and Rural Affairs (DAERA), the virus is most likely to enter Northern Ireland through infected animals or germplasm (semen or ova) being imported.

Brian Dooher, Northern Ireland's CVO, said: "Surveillance for this disease within Northern Ireland has been increased to assist with detection at the earliest opportunity which will facilitate more effective control measures."

Farmers should report any suspicions of the disease to their private veterinary practitioner, the DAERA Helpline on 0300 200 7840 or their local DAERA Direct Veterinary Office.