Sparks - Fevara

On 18 March 2026, Fevara (LSE:FVA) completed the acquisition of a high-specification production facility, strategically located in São Paulo State, Brazil for an initial consideration of £4.3m. £4.0m relates to the freehold property and the remainder for the existing operating business. Further deferred consideration, due in March 2027, is dependent on the performance of the acquired mineral distribution business during 2026. The acquisition was funded from the group’s existing resource.

Fevara plans to use its northern São Paulo facility to localise production of its higher-margin specialist supplements for Brazil, adapting products already sold in the UK, Europe and the US. Distribution will be supported by the group’s existing Brazilian footprint, combining Macal in Mato Grosso do Sul with the newly acquired business in São Paulo State, before extending into Goiás and Minas Gerais. Together, these regions provide access to c 100m head of cattle, with production and distribution from the new site expected from Q2 next year. Strategically, the acquisition reinforces Brazil as a key growth market for Fevara and underpins the company’s long-term growth strategy of targeted investment and expansion into high-potential markets, given the country’s cattle population of more than 200m head and its position as the world’s largest beef producer.