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September 11, 2017

National Veterinary Care Limited NVL

GICS Sub-Industry Health Care Equipment & Services

Current Price $2.66

Market Capitalisation ($M) 129.06

As of 11/09/2017 16:00 AEST


What do they do?

National Veterinary Care (ASX:NVL) is a leading provider of veterinary services in Australia and New Zealand. NVL was listed in 2015 with a foundation portfolio of 34 veterinary clinics and businesses including general practices, emergency centres and a pet crematorium. Since then, NVL has acquired and integrated a number of other veterinary services businesses across Australia and New Zealand to take the company’s current portfolio to 56 facilities.

The business’ growth is heavily driven by acquisitions, and NVL has recently undertaken a $14.6 million capital raising to support its acquisition pipeline. NVL’s strategy is to continually acquire established, profitably veterinary clinics that will enhance existing established geographical clusters, eventually hoping to consolidate a highly fragmented market.

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Phone: (02) 8027 1000

Email: info@glennon.com.au

PO Box R281,

Royal Exchange

NSW, 1225

 

Level 17

25 Bligh Street

Sydney NSW 2000

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