CVS Group
Headquarters: Diss, Norfolk, UK
Ownership structure
Ultimate owners
- CVS Group plc
Public shareholders · UK
Trades as 4 names
- CVS Group
- CVS
- The Vet
- Animed Direct
Share of practices by region
- South East 13% (183)
- South West 16% (154)
- East of England 11% (72)
- Yorkshire 12% (72)
- North West 9% (70)
- West Midlands 12% (65)
- East Midlands 11% (50)
- North East 17% (49)
Percentage of all practices in each region owned by CVS Group ; present in 6 further regions.
Reputation & Regulatory Matters
CMA found competition concerns and ordered remedies package (final report March 2026)
March 2026
View sourceCMA raised concerns about acquisition of The Vet reducing competition
March 2024
View sourceOverview
CVS Group plc started acquiring veterinary practices in 1999 and has grown to become one of the UK’s largest veterinary corporate groups. As a publicly traded company (LSE: CVSG), they are subject to shareholder pressure to deliver financial returns.
UK Presence
CVS operates around 500 veterinary practices across the UK, including first-opinion practices, specialist referral centres, and emergency clinics. They also own pet crematoria and veterinary diagnostic laboratories.
Business Model
Unlike private equity-backed competitors, CVS is publicly traded, meaning their financial performance is publicly reported. However, this also means pressure to deliver returns to shareholders can influence pricing and operational decisions.
Regulatory Matters
The CMA has examined several CVS acquisitions:
- The proposed acquisition of Quality Pet Care Ltd (The Vet) raised competition concerns
- CVS is included in the broader CMA veterinary market investigation
What Pet Owners Should Know
- As a public company, CVS publishes annual reports detailing their financial performance
- Individual practices may have less autonomy over pricing than independent practices
- CVS practices benefit from shared resources but may follow corporate protocols