In one of the larger, more intensive projects undertaken by Morrows, we recently acted as the Tax and Legal consultants in the successful transition of our long-term client Warrnambool Veterinary Clinic to Apiam Animal Health Ltd., an aggregation of various large animal veterinary service providers. Apiam made its stock market debut on 17 December 2015 and has been well received.
Warrnambool Vet Clinic is a successful large-animal practice pre-eminent in the South Western district of Victoria and will be a cornerstone practice in the new group which also includes other large-animal practices across 3 States and a number of significant technical/IP service providers. Apiam Animal Health incorporates over 100 highly experienced, industry leading veterinarians with expertise across the pig, dairy, feedlot, sheep, equine and companion animal sectors. The Group is fully vertically integrated, including having veterinary wholesale, warehousing, logistics and other ancillary services.
Warrnambool Veterinary’s ex directors/shareholders will continue to manage the practice and ensure that it remains the benchmark in its market and plays a key role in its community. We wish Warrnambool every success for the future and are proud we could be part of their success by assisting in their transition to a new stage in the businesses’ life cycle.
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