Mars Petcare has signed an agreement to acquire the Linnaeus Group, which owns five referral centres and 82 first-opinion practices in the UK, from the private equity firm Sovereign Capital Partners.

This is by no means Mars's first foray into practice ownership. The company has been acquiring practices in the USA since 1994 and now owns VCA, Banfield Pet Hospital, Bluepearl and Pet Partners, through which it employs around 50,000 veterinary professionals and cares for approximately 10 million animals. 

Alejandro Bernal, Vice President, Veterinary Health Group, Mars Petcare said: "Pet care has been an important part of Mars for over 80 years and Mars has a large and growing veterinary practice in the US. This strategic acquisition reaffirms our commitment both to the pet care industry and veterinary profession.

"Alongside our other veterinary businesses, Linnaeus will enable Mars Petcare to provide pets with even greater access to high-quality veterinary care. Its reputation as a leading partnership of highly-respected veterinary practices and professionals means that it is well placed to meet the increasing demand in the UK and help drive our purpose, to create a better world for pets."

Lynne Hill, Chief Executive Officer of Linnaeus and former RCVS President said: "Joining Mars Petcare will enable us to provide pets with even greater high-quality veterinary care, from wellness and prevention, through primary, emergency and specialty care."

Mars says that on completion of the deal, Linnaeus’s existing management will continue to lead the business.

PS: Whilst you're here, take a moment to see our latest job opportunities for vet nurses.