WOLVES HAND has acquired the Sapporo-based veterinary clinic See for approximately 597 million yen to enhance its national network of veterinary services in Japan.

Information on the Target

WOLVES HAND has acquired See, a veterinary clinic based in Sapporo, for approximately 597 million yen. See was established in 2013 and has an annual revenue of 242 million yen. The clinic has been serving the local community through 'See Animal Clinic' since 2011, providing essential veterinary services.

By acquiring See, WOLVES HAND aims to enhance its network of veterinary clinics, currently operating in regions such as Kansai, Kanto, Kyushu, and Okinawa. This acquisition is part of a strategic initiative to strengthen their national operating base and create synergies with other clinics in its network.

Industry Overview in Japan

The veterinary clinic industry in Japan has seen stable growth over the past decade due to an increase in pet ownership and a rising awareness of anima