Leeds company buys pet crematorium in £42m deal
An end-of-life pet care company has acquired the crematorium arm of listed veterinary group, CVC, in a £42.4m deal.
Leeds-based Anima Care has bought Crematoria following an ongoing investigation by the Competition and Markets Authority (CMA) into the UK veterinary sector.
The sale of Crematoria represents a 10x multiple of adjusted EBITDA.
The deal will see Anima Care provide clinical waste disposal and crem... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
