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CVS: another small acquisition
Posted 03/12/09
CVS, one of the UK’s leading providers of veterinary services, recently announced another small acquisition.
They acquired Rees Veterinary Centre in Warrington which has been established for 25 years, strengthening their existing presence in this region.
Rees comprises four professional vets amongst a total staff of 20 and in the year ended 30th June 2009, the Centre achieved profit before tax of £87,000 on turnover of approximately £643,000.
The CVS share price had a great run off lows of c118p in April, touching 200p in November but since dropping back to 184p.
The defensive qualities should remain attractive to many.
This entry was posted 2 years, 2 months ago and was filed under CVS Group.
