Business
Strategic acquisition in Brazil
Fevara PLC has acquired a production facility in São Paulo State, Brazil, for £4.3 million, including £4.0 million for the property, to enhance its local manufacturing and distribution capabilities in the world's largest beef producing country. This second strategic acquisition in Brazil, following Macal in December 2025, will enable the local production of high-margin livestock supplements for distribution across Brazil, with initial expansion into Goiás and Minas Gerais, targeting a combined cattle population of approximately 100 million head. Production and distribution are expected to commence in Q2 of next year, funded by existing resources, with potential deferred consideration dependent on the acquired mineral distribution business's 2026 performance. Disclaimer*
About this update from Fevara Plc
[{"type":"text","content":"\n\n \n18 March 2026\nFevara plc\n(\"Fevara\", the \"Group\" or the \"Company\")\n \nFevara strengthens Brazilian operations with acquisition of\nstrategically located production facility\n \nSecond strategic acquisition in Brazil secures production facility and strengthens distribution capabilities in the world's largest beef producing country\n \nFevara 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\").\n \nThe 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.\n \nFevara 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.\n \nThe 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.\n \nThe Acquisition underpins the Group's vision of being the global expert in extensive livestock supplements and supports its long-term grow...