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IVC Evidensia reported to be planning £10bn London float
IVC Evidensia is one of Europe's largest veterinary care providers.
Veterinary group could enter the FTSE-100 index.

IVC Evidensia is set to launch a London float valued up to £10bn, according to media reports.

The float, expected to be unveiled in March, could reportedly see the Nestle-backed veterinary group enter the FTSE-100 index. According to Sky News, IVC has appointed Goldman Sachs and Jeffries to work on the listing. 

EQT, the Stockholm-based private equity firm which backs IVC, is also said to be assessing other options, such as a trade sale of the business or the private sale of a further stake to an external investor. 

IVC Evidensia is one of Europe's largest veterinary care providers, with a network of clinics, hospitals and out-of-hours centres spanning 11 countries. The group was formed in 2017 when Independent Vet Care merged with Evidensia, a Swedish-based firm also owned by EQT. 

IVC Evidensia entered into a partnership with Nestlé Purina PetCare in 2019. It currently has more than 19,000 employees.

IVC Evidensia has been contacted for comment.

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Applications open for MMI research grants

News Story 1
 RCVS' Mind Matters Initiative (MMI) has launched round two of its veterinary mental health research grants.

Researchers have until 11.59pm on Wednesday, 28 May 2025 to apply for a grant for research which reflects MMI's 2025 focus areas.

Only one Impact Grant was awarded last year, and so this year there are two Discovery Grants and one Impact Grants available. Each Discovery Grant is worth £5,000 and the Impact Grant is worth £15,000.

For more information or to apply, email researchgrants@rcvs.org.uk to contact the MMI team.

 

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News Shorts
BBC Radio 4 documentary addresses corporate fees

BBC Radio 4's File on 4 Investigates has released a documentary exploring how corporate-owned veterinary practices may be inflating bills to increase profit.

Released on 15 April, 'What's Happening To Your Vet Bills?' revealed the policies which many corporate groups have in place to increase their profits. This included targets and upgrades which veterinary teams are tasked with meeting on a regular basis.

It also features Anrich Vets, an independently-owned practice based in Wigan. Following the case of Staffordshire terrier Benjy, who is diagnosed with a tumour, the documentary shares how the team were able to offer contextualised care and advice to make the procedure as affordable as possible for his owners.

The documentary can be heard on demand on BBC iPlayer.