The GreatConsolidation

How corporate ownership transformed UK veterinary care in a decade

0%
Corporate Owned
Up from 10% in 2013
~0+
Practices Acquired
Since 2013
£0bn
Market Size
2024
0%
Price Premium
Corporate vs Independent
2013 — 2024

From Independent to Corporate

A decade ago, independent vets dominated UK veterinary care. Today, six large groups control the majority.

Corporate
Independent
Non-profit
Market Share

Who Owns UK Veterinary Care

Six corporate groups now control the majority of practices. Size represents number of practices.

Independent
Pets at Home
IVC Evidensia
CVS Group
VetPartners
Medivet
Other Corporate
Consumer Impact

The Cost of Consolidation

Veterinary prices have risen nearly twice as fast as general inflation.

Veterinary prices
General CPI
+70%Vet pricesvs+35%General CPI
Industry Growth

A £7 Billion Industry

The UK veterinary market has grown 6x since 2010.

Our Data

Regional Ownership

Based on 6,302 practices in our database

Corporate
Independent
57%
Corporate
41%
Independent
6,302
Total Practices
Key Events

How We Got Here

The consolidation of UK veterinary care, year by year.

July 2007
CVS Group founded and listed on AIM
August 2011
Independent Vetcare (IVC) incorporated
January 2014
Mars Petcare acquires Linnaeus
March 2016
VetPartners enters market
June 2017
IVC merges with Evidensia
September 2019
CMA begins reviewing veterinary mergers
March 2021
Corporate ownership exceeds 50% for first time
September 2023
CMA launches full market investigation
October 2024
CMA provisional findings published
May 2026
CMA final decision deadline
corporate
acquisition
regulatory
milestone