Rymarz Zdort Maruta advises LuxVet Group on raising funding from new investors

We are pleased to announce that we advised LuxVet Group on raising financing from the following new investors: Cheyne Strategic Value Credit, owned by the global leader in the alternative investment sector, Cheyne Capital; as well as Petcare Growth, a fund managed by 1 Asset Management, an investor in the largest network of veterinary clinics in the Baltics.

Raising funding from these investors will enable LuxVet Group’s further development in Central and Eastern Europe, which will include developing veterinary facilities, and increasing the quality of services provided by investing in modern medical equipment and development and training programmes for veterinarians, technicians and administrative staff.

LuxVet Group is one of the largest veterinary networks in Central and Eastern Europe. LuxVet Group integrates and develops the veterinary industry in Central and Eastern Europe by way of a flexible, partnership business model that takes into account the past achievements of  the entities it has integrated into its group.

The transaction team consisted of Paweł Zdort (managing partner), Małgorzata Deruś (counsel), Magdalena Mentrak (associate) and Przemysław Nycz (associate). The financing aspects were handled by a team comprising Adrian Więsław (senior associate), Augustyna Porzucek (associate) and Lidia Niebieszczańska (associate).