The Bristol-based provider operates a network of more than 1,500 veterinary clinics and hospitals in 13 countries across Europe DUBAI: Abu Dhabi’s Mubadala Investment Company has invested GBP 350 million ($496.7 million) in IVC Evidensia, Europe’s largest veterinary care provider, the company announced Sunday. The Bristol-based provider operates a network of more than 1,500 veterinary clinics and hospitals in 13 countries across Europe, attending to over 4 million pets. It is widely known for its decentralized approach in promoting innovation across its network and for pioneering clinical standards in the region. “Our investment in IVC Evidensia aligns well with our focus on investing in market-leading consumer businesses in resilient and growing sectors,” Justin Sabet-Peyman, head of consumer at Mubadala, said in a statement. The investment is a new addition to the company’s growing portfolio of global consumer businesses, including India’s Reliance Retail Ventures Limited, South Korea’s Coupang, and US-based Truck Hero. Mubadala has supported Abu Dhabi’s aim to pursue non-oil investments and modernize the emirate’s economy, as part of the UAE’s national agenda to reduce oil reliance.