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Sparks commentary

Industrials

Sparks

Fevara (LSE: FVA) – disposal of Chirton completes strategic refocus
Published by Harry Kilby

Fevara has completed the disposal of Chirton Engineering, its sole remaining engineering business, to Deca Group for £0.65m in cash on completion plus a further £0.2m deferred over two years. The transaction was completed on a cash-free, debt-free basis. Chirton was the final business within Fevara’s former Engineering Division, the majority of which was disposed of in April 2025.
The disposal completes Fevara’s strategic review and leaves the group entirely focused on its livestock supplements business. Management stated that the simplified structure supports its strategy of disciplined, sustainable and profitable growth, with the group now positioned as a pure-play international specialist in livestock supplements.

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