Pets at Home steps up its veterinary services

Pet supplies retailer Pets at Home has announced that it is
stepping up its veterinary services with the acquisition of Vets4Pets. The
value of the deal has not been disclosed, but it is rumoured to be in the
region of £30 million to £50 million. The acquisition includes Vets4Pets’ 93
stand-alone veterinary practices and will add to Pets at Home’s existing 116
in-store joint venture vet business, Companion Care. Pets at Home chief
executive Nick Wood said, “The expansion of our veterinary business is a key
element of our growth strategy for Pets at Home, providing additional services
to our customers within our stores or close to our customers’ homes. The
acquisition of Vets4Pets is an important step in the delivery of this
strategy.”