LuxVet Group, one of the largest platforms integrating veterinary facilities in Central and Eastern Europe, continues to strengthen its position on the Romanian market. Pet Stuff, a 24-hour veterinary hospital located in Bucharest, has just joined the Group. It is the largest and one of the most modern facilities of its kind in the country.
Pet Stuff Veterinary Hospital is located in the 6th District of Bucharest. It was founded in 2007 by veterinarians Ruxandra Tenia and Cristian Cristea. Initially operating as a regular veterinary practice, it was transformed into a 24-hour veterinary hospital after Dr Alexandru Buzdea joined the team in 2019. Pet Stuff now employs around 30 people, including 19 veterinary doctors. The facility maintains ongoing relationships with European and American certified veterinary specialists in internal medicine, dermatology, ophthalmology, cardiology, anesthesiology and intensive care, soft tissue surgery, endoscopy and orthopedic surgery. The hospital has a fully equipped operating room, its own laboratory and state-of-the-art surgical and diagnostic equipment.
LuxVet Group is one of the largest platforms integrating veterinary facilities in Central and Eastern Europe. It has brought together the existing veterinary facilities, from smaller practices to specialized clinics, providing their founders with capital support and access to cutting-edge solutions and best practices. The collaboration follows a flexible partnership business model based on respect for the past achievements of the integrated entities. The facilities that join the Group retain their brand and local identity, and their founders remain actively involved in their further growth. Additionally, the LuxVet Group’s mission is to increase employee satisfaction by raising working standards in the industry.
Over the 3 years of its existence, the LuxVet Group has grown to be the leading veterinary platform in Poland, bringing together more than 50 practices. In September, the Group opened Veterio in Warsaw, the largest 2,200 sqm veterinary referral hospital in the region with a 24-hour emergency room, an intensive care unit, 13 consulting rooms and 5 operating rooms.
While continuing to grow in Poland, the Group also began to expand into other markets in Central and Eastern Europe. In Romania, the Group has already been joined by the Vetzone Spital Veterinar in Constanța and two Vet Consult facilities located in Brăila.
LuxVet has secured capital support from three investment funds: Oaktree Capital Management L.P. (as the majority shareholder, which is also a shareholder in UNAVETS Group, a leading veterinary platform in the Iberian Peninsula), Cornerstone Investment Management and INVL Baltic Sea Growth Fund.
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About LuxVet Group
LuxVet Group has been consolidating and developing the veterinary sector in Central and Eastern Europe through a flexible partnership business model based on respect for the past achievements of the entities being integrated. By working with doctors and owners of leading animal health institutions and building its first hospital for small animals in Poland, the LuxVet Group develops top quality veterinarian services and raises the standards of work in the veterinary sector across Poland.
LuxVet Group has secured capital support from three investment funds: funds managed by Oaktree Capital Management, L.P. as the majority shareholder (which is also a shareholder in UNAVETS Group, the leading veterinary platform in the Iberian Peninsula and sister platform of LuxVet), Cornerstone Investment Management and INVL Baltic Sea Growth Fund.