AIM-listed CVS Group has increased the number of veterinary surgeries under its control to 155 after taking over The Village Animal Hospital.

AIM-listed CVS Group has increased the number of veterinary surgeries under its control to 155 after taking over The Village Animal Hospital.

Norfolk-based CVS, which also owns six veterinary laboratories, bought the four-surgery practice in Surrey for an undisclosed sum. The acquired company’s main centre is in Caterham, with branches in Redhill, Oxted and Smallfield.

The deal expands the acquirer’s business operationally and geographically and is the latest transaction in its plan to enhance its business following its acquisition of Lancashire-based Rossendale Pet Crematorium last month.

CVS chief executive Simon Innes said Village Animal is an excellent deal for the group. “Its state-of-the-art facilities provide us with a major offering within the South East and sits alongside the 17 surgeries we already own in the region.”

Village Animal’s business comprises 44 staff, including eight vets. Its Caterham surgery has a laboratory, operating theatres and a diagnostic centre. In the year to August 2008, the company achieved an EBITDA of £145,000 on a £1.67 million turnover. Its assets were valued at £147,000 at the same date.