GovWire

Phase 1

Statutory timetable

Undertakings in lieu of reference consultation: now closed

18 August 2023: The CMA is consulting on proposed undertakings in lieu of a reference to a Phase 2 investigation offered by Medivet in relation to the completed acquisitions by Medivet of All Creatures Clinic Limited; 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; I T Kalogera Holdings Ltd (including its subsidiary I T Kalogera Limited); 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.

• Notice of consultation (PDF, 154KB) (18.8.23)
• Proposed undertakings (All Creatures Clinic Limited) (PDF, 236KB) (18.8.23)
• Proposed undertakings (The assets and business of the veterinary practice under the name Iffley Vets) (PDF, 211KB) (18.8.23)
• Proposed undertakings (The Oxford Cat Clinic Limited (PDF, 227KB) (18.8.23)
• Proposed undertakings (The Vet Station Limited) (PDF, 227KB) (18.8.23)
• Proposed undertakings Barton Companion Animal Services Limited (PDF, 226KB) (18.8.23)
• Proposed undertakings (I T Kalogera Holdings Ltd (including its subsidiary I T Kalogera Limited) (PDF, 227KB) (18.8.23)
• Proposed undertakings (Fitzalan House Veterinary Practice Ltd) (PDF, 227KB) (18.8.23)
• Proposed undertakings (Ferring Street Vets Limited) (PDF, 226KB) (18.8.23)
• Proposed undertakings (The Hackney Vet Limited) (PDF, 227KB) (18.8.23)
• Proposed undertakings (The assets and business of the veterinary practice under the name Caddy Veterinary Surgery/Practice) (PDF, 237KB) (18.8.23)
• Proposed undertakings (E Street Limited (t/a Elizabeth Street Veterinary Clinic)) (PDF, 227KB) (18.8.23)
• Proposed undertakings (The assets and businesses of the veterinary practices under the name The Vet on Richmond Hill & The Vet in St Margarets) (PDF, 228KB) (18.8.23)

Extension of consideration of undertakings in lieu

24 July 2023: The CMA has extended the consideration of undertakings in lieu of reference until 25 September 2023.

• Notice of extension (PDF, 104KB) (24.7.23)

CMA to consider undertakings offered

2 June 2023: Medivet and CVC Capital Partners jointly offered undertakings to the CMA, which involve reconstituting and divesting the assets and business of the veterinary practice under the name Caddy Veterinary Surgery/Practice and divesting each of the 10 businesses listed below:

• All Creatures Clinic Limited
• 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
• I T Kalogera Holdings Ltd (including its subsidiary I T Kalogera Limited)
• Ferring Street Vets Limited
• The Hackney Vet Limited
• 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

The CMA considers that there are reasonable grounds for believing that the undertakings offered by Medivet and CVC Capital Partners in relation to each of the SLC Mergers listed below, or a modified version of them, might be accepted by the CMA under the Enterprise Act 2002.

• Full text decision (PDF, 197KB) (14.6.23)

Reference unless undertakings accepted

18 May 2023: The CMA has decided, on the information currently available to it, that it is or may be the case that each of the SLC Mergers listed below has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom. Each of the SLC Mergers will be referred for a phase 2 investigation unless Medivet and CVC Capital Partners offer acceptable undertakings to address these competition concerns. The CMA has cleared each of the Clearance Mergers listed below.

• Full text decision (PDF, 696KB) (7.6.23)
• Summary of phase 1 decision (PDF, 141 KB) (18.5.23)
• Press release: 