Competition Markets Authority
Phase 1
Statutory timetable
| Phase 1 | Action |
|---|---|
| TBC | Deadline for phase 1 decisions (*) |
| TBC | Launch of merger inquiries (**) |
| 4 January 2023 | Directions to appoint a Monitoring Trustee |
| 21 December 2022 | Initial enforcement orders |
(*) This date is the current statutory deadline by when the decision will be announced. If any change occurs, the information is refreshed as soon as practicable. However, the CMA cannot guarantee that the decision will be announced on or before this current deadline, as the deadline of a given case may change during the merger assessment process due to different reasons.
(**) The CMA has decided to investigate these transactions and has made an initial enforcement order in each case. This case page will be updated when the CMA formally commences its phase 1 investigations.
The acquisitions to be investigated
The CMA has decided to investigate the following completed acquisitions by Medivet:
- All Creatures Clinic Limited
- The assets and business of the veterinary practice under the name Hollies Veterinary Surgery
- Canine Healthcare Limited (t/a Vet Value)
- The assets and business of the veterinary practice under the name Iffley Vets
- The Oxford Cat Clinic Limited
- The Vet Station Limited
- Barton Companion Animal Services Limited
- Stanhope Park Veterinary Hospital Limited
- I T Kalogera Holdings Ltd (including its subsidiary I T Kalogera Limited) (t/a Brockwell Vets)
- Monument Vets Ltd
- Fitzalan House Veterinary Practice Ltd
- Ferring Street Vets Limited
- The Hackney Vet Limited
- The assets and business of the veterinary practice under the name Caddy Veterinary Surgery/Practice
- E Street Limited (t/a Elizabeth Street Veterinary Clinic)
- The assets and businesses of the veterinary practices under the name The Vet on Richmond Hill & The Vet in St Margarets
- Withy Grove Veterinary Clinic Limited
Directions to appoint a monitoring trustee
24 January 2023: The CMA has issued a variation of the directions to appoint a monitoring trustee issued on 4 January 2023 pursuant to paragraph 10 of the initial enforcement orders dated 21 January and paragraph 12 of the initial enforcement order dated 24 January 2023.
- (30.1.23)
4 January 2023: Pursuant to the initial enforcement orders dated 21 January 2022, the CMA directed Medivet Group Limited, Hecate Holdco Limited, CVC Capital Partners VIII Limited, CVC Capital Partners VIII (A) L.P., CVC Capital Partners VIII Associates L.P. and CVC Capital Partners Investment Europe VIII L.P to appoint a monitoring trustee.
- (30.1.23)
Initial enforcement orders
24 January 2023: The CMA has revoked and reissued the initial enforcement order imposed on 21 December 2022 in relation to the completed acquisition by Medivet Group Limited of the assets and business of the veterinary practice under the name Caddy Veterinary Surgery/Practice. The Revocation Order was issued under section 72(4) of the Enterprise Act 2022 and is without prejudice to the CMAs ongoing investigations into the acquisitions.
21 December 2022: The CMA has served initial enforcement orders under section 72(2) of the Enterprise Act 2002 on Medivet Group Limited, Hecate Holdco (UK) Limited, CVC Capital Partners VIII Limited, CVC Capital Partners VIII (A) L.P., CVC Capital Partners VIII Associates L.P. and CVC Capital Partners Investment Europe VIII L.P, in relation to the completed acquisitions by Medivet of All Creatures Clinic Limited, the assets and business of the veterinary practice under the name Hollies Veterinary Surgery, Canine Healthcare Limited (t/a Vet Value), the assets and business of the veterinary practice under the name Iffley Vets, The Oxford Cat Clinic Limited, The Vet Station Limited, Barton Companion Animal Services Limited, Stanhope Park Veterinary Hospital Limited, I T Kalogera Holdings Ltd (including its subsidiary I T Kalogera Limited), Monument Vets Ltd, Fitzalan House Veterinary Practice Ltd, Ferring Street Vets Limited, The Hackney Vet Limited, Caddy Country Practice Limited, E Street Limited (t/a Elizabeth Street Veterinary Clinic), the assets and businesses of the veterinary practices under the names The Vet on Richmond Hill and The Vet in St Margarets, and Withy Grove Veterinary Clinic Limited. The initial enforcement orders all commenced on 21 December 2022.
- (30.1.23)
- (30.1.23)
- (11.1.23)
- (11.1.23)
- (11.1.23)
- (11.1.23)
- (11.1.23)
- (11.1.23)
- (11.1.23)
- (11.1.23)
- (11.1.23)
- (11.1.23)
- (11.1.23)
- (11.1.23)
- (11.1.23)