Ceva Santé Animale, now one of the world’s largest veterinary business, was set up when a group of senior executives undertook a leveraged buyout (LBO) sponsored by PAI Partners. Private equity funding was used to drive growth and profitability, enabling Ceva to acquire similar companies and improve them.
Ceva bought 22 laboratories across the world in ten years and an average of three businesses a year since 1999. Turnover increased from €120m in 2000 to almost €530m in 2011. Since inception, Ceva has been involved in four management-led buyouts in total, helping to drive the business to double-digit growth throughout the past two decades.
Deputy Managing Director, Administrative and Financial Manager
Ceva Santé Animale
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