Hay & Kilner’s Corporate Team has advised on the sale of Vet Direct Holdings to CVS Group.
Owned by Leon and Susan Wright, Vet Direct is based in Newcastle and supplies a full range of products UK wide to the veterinary profession, including equipment, surgery furniture, instruments, uniforms and consumables.
CVS is based in Norfolk and is one of the leading veterinary services providers in the UK. It owns over 490 veterinary surgeries throughout the UK, Netherlands and Republic of Ireland. The group also includes Animed Direct, an online store selling medicines, pet food and other related products.
Mark said: ‘We are delighted to have assisted Leon and Sue on the sale of Vet Direct. Both will remain in the business and we wish the company well in its exciting new future under the ownership of CVS.’
RSM provided accountancy advice to Leon and Susan Wright.
CVS were advised by Spire Solicitors LLP and Moore Scarrott Chartered Accountants.
For more information on any of the above, or how we can help on the sale of your business, please contact Mark Adams, or call 0191 232 8345.