Davies Veterinary Specialists (DVS) has confirmed an internal transfer of ownership and an increase in shareholding among colleagues.
The independent referral practice has restructured the shareholding of existing owners and introduced new shareholders.
Managing director Clive Elwood said: “Maintaining our independence is important to us as a business because it ensures we retain the culture and ethos that provides leading multi-specialist care to all of our patients and exceptional service to our customers and referring colleagues.
“I am delighted we have managed to achieve this transaction, which represents the next stage in the development of our amazing practice. Retaining ownership means we can demonstrate there remain alternative business models and career paths outside corporate practice.”
In future, DVS shareholders will set overall strategy and direction for the business and ensure effective governance by the board of directors.
Dr Elwood added: “It is a pleasure to welcome such a fantastic group of new shareholders who will, I am certain, contribute greatly to our future success.”
- To find out more, visit the DVS website.