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RNS Number : 0435X Fevara PLC 18 March 2026
18 March 2026
Fevara plc
("Fevara", the "Group" or the "Company")
Fevara strengthens Brazilian operations with acquisition of
strategically located production facility
Second strategic acquisition in Brazil secures production facility and
strengthens distribution capabilities in the world's largest beef producing
country
Fevara plc (LSE: FVA), an international specialist in livestock supplements,
is pleased to announce it has completed the acquisition of a
high-specification production facility, strategically located in São Paulo
State, Brazil (the "Acquisition").
The Acquisition of the site and associated existing operating business further
strengthens the Group's presence in the Brazilian livestock market by
facilitating the establishment of local manufacturing of its specialist
livestock supplements and enhancing regional distribution capabilities.
Fevara intends to utilise the facility in northern São Paulo State, to
establish production of its differentiating, high margin supplementation
products, already produced and sold in UK, Europe and US - customised for
distribution throughout the Brazilian market. Distribution within Brazil will
be facilitated by existing and expanded distribution from the acquisition of
both Macal, serving customers throughout Mato Grosso do Sul, announced in
December 2025, and now from the acquired business serving customers throughout
São Paulo State. Further distribution will be developed in additional
Brazilian states, initially Goiás and Minas Gerais, giving Fevara market
access to a combined cattle population of approximately 100 million head of
beef cattle. Production and distribution of Fevara's specialist products from
the acquired facility is expected in Q2 next year.
The initial consideration for the Acquisition was £4.3 million, £4.0 million
of which relates to the freehold property and the remainder for the existing
operating business. Further deferred consideration due in March 2027 will be
dependent on the performance of the acquired mineral distribution business
during 2026 and will be self-funding. The Acquisition was funded from the
Group's existing resources.
The Acquisition underpins the Group's vision of being the global expert in
extensive livestock supplements and supports its long-term growth strategy of
targeted investment and expansion into high-potential markets, with Brazil a
primary focus. Brazil has a population of more than 200 million cattle and
recently overtook the United States to become the world's largest beef
producing country.(1)
Joshua Hoopes, Chief Executive of Fevara commented:
"This acquisition marks a further significant step for Fevara within the
strategically important Brazilian market following the recent acquisition of
Macal. By adding low-moisture block production capability to this facility, we
will be strategically positioned to accelerate the rollout of our specialist
livestock nutrition products and serve customers across the region.
The site presents a compelling opportunity to unlock the potential of existing
assets as well as enable production and distribution of Fevara's specialist
livestock supplements. We look forward to partnering with the local team to
scale operations and realise the significant long-term growth opportunities in
Brazil."
(1)According to data from the U.S. Department of Agriculture published in
January 2026
For further information, please contact:
Enquiries
Fevara 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 / Francesca Rosser
About Fevara plc:
Fevara is an international specialist in livestock supplements.
Fevara's purpose is to empower farmers in extensive grazing systems with
research-proven products that boost profitability, improve resource efficiency
and support sustainable agriculture. The Group develops, manufactures and
markets research-proven supplements, including feed licks, blocks, bagged
minerals, and boluses for cattle, sheep and horses, sold under recognised and
trusted brands, including Crystalyx®, Horslic®, Horslyx®, Scotmin
Nutrition®, SmartLic®, Tracesure® Advanced and Macal®.
Headquartered in Carlisle, Cumbria, in the UK, Fevara has five manufacturing
sites in the UK, US and Brazil with three operational joint ventures in
Germany and the US. It serves customers in more than 20 countries through its
expansive international distribution and support network.
Fevara has been listed on the London Stock Exchange since 1972.
For more information, visit: www.fevara.com (http://www.fevara.com)
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