Strategic acquisition in Brazil

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."

1According to data from the U.S. Department of Agriculture published in January 2026