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RNS Number : 6590R Carr's Group PLC 18 July 2025
18 July 2025
Carr's Group plc
("Carr's Group", the "Group" or the "Company")
Carr's Group enters strategic manufacturing partnership with Vétalis
Carr's Group plc (LSE: CARR), a global leader in sustainable livestock
supplements, announces it has entered into a strategic manufacturing
partnership with French company Vétalis to develop an advanced range of
Tracesure® boluses, with distribution scheduled from Autumn 2025.
The new partnership follows the strategic decision to close the ANIMAX
production facility in June 2025 and enables the Group to allocate more
resources toward innovation and meeting the demands of a growing market.
Vétalis is a recognised expert in precision bolus supplementation technology
and brings strong capabilities in developing science-backed solutions that
support livestock health and sustainable farming practices.
The partnership marks a pivotal step in the Group's growth strategy by
improving on-farm productivity which in turn supports sustainable global food
security. By combining the Group's deep understanding of livestock nutrition
with Vétalis' advanced manufacturing, the partnership will propel innovation,
drive operational efficiencies, and improve product delivery. The agreement is
expected to deliver meaningful operational savings while reinforcing the
market-leading position of Tracesure® in the UK and Ireland.
Joshua Hoopes, Chief Executive Officer of Carr's Group plc commented: "This is
a key strategic milestone as we reposition the Group as a focused, pure-play
agriculture business. Partnering with Vétalis enables us to build a more
efficient platform for sustainable growth, while strengthening our customer
offering and creating long-term value for shareholders."
For further information, please contact:
Enquiries
Carr's Group plc +44 (0) 1228 554 600
Joshua Hoopes, Chief Executive Officer
Gavin Manson, Chief Financial Officer
Hudson Sandler +44 (0) 20 7796 4133
Hattie Dreyfus / Nick Moore
About Carr's Group plc:
Carr's Group plc is an international, pure-play specialist agriculture
manufacturer and provider of research-proven, value-added livestock
supplements.
Carr's Group's mission is to drive sustainable global food security through
enhancements to pasture grazing productivity, enabled by research-based
products that optimise livestock performance and profitability for farmers.
The Group produces nutritional animal supplements including feed licks,
blocks, bagged minerals, and boluses for cattle, sheep, goats and horses. Its
globally recognised brands include SmartLic(®), Crystalyx(®) and
Horslyx(®).
Headquartered in Carlisle, Cumbria, Carr's Group operates 7 manufacturing
sites across the UK, Germany and the USA, and serves customers in more than 20
countries through its expansive global distribution and support network.
Carr's Group plc has been listed on the London Stock Exchange since 1972 under
the ticker "CARR".
For more information, visit: https://www.carrsgroup.com/
(https://www.carrsgroup.com/)
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