Distribution Agreement with Oceana Minerals

Fevara plc (LSE: FVA), an international specialist in livestock supplements, announces that it has entered into an exclusive five-year agreement with Oceana Minerais Marinhos LTDA ("Oceana Minerals") to distribute LithoNutri in Great Britain and Ireland (GB&I).

The new partnership introduces a highly effective and internationally respected ruminal health and digestive performance enhancer to Fevara's portfolio, enabling the Group to deliver more integrated nutrition solutions to larger customers, whilst providing Oceana Minerals with access to the GB&I market.

Oceana Minerals is an established Brazil-based multinational provider of sustainable animal nutrition solutions, with a portfolio of Lithothamnium seaweed-based products for animals, fertilisers and water treatment. LithoNutri, Oceana Minerals' animal nutrition product, is derived from calcified marine algae and offers a natural alternative to traditional buffering agents, addressing growing demand for sustainable livestock production. When used in dairy and beef systems, LithoNutri can contribute to improved milk yield and enhanced growth rates. The product is complementary to Fevara's existing product portfolio.

​The agreement aligns with Fevara's growth strategy to drive value by leveraging existing distribution channels while strengthening its product offering and driving market share growth for Crystalyx®, Scotmin®, Horslyx® and Tracesure®. Fevara has successfully utilised distribution partnerships in other key markets, including Seales Winslow in New Zealand which has driven strong growth in the important livestock market.

​The agreement represents a shared commitment by Fevara and Oceana Minerals to develop the market over the long term, combining the Group's established customer relationships with Oceana Minerals' technical expertise, supported by joint activity across technical development, research and development, as well as commercial execution.

Joshua Hoopes, Chief Executive Officer of Fevara plc, commented:

"We are excited to announce this new agreement with Oceana Minerals, which further cements our position as an international specialist for research-proven livestock nutrition. Development of strategic distribution partnerships remains a key part of our growth strategy and where we have seen strong success, evidenced by our partnership with Seales Winslow in New Zealand. Through the combination of our well-established network and the respected LithoNutri brand, we see significant potential for this partnership in the UK and Ireland."

Daniel Frasson, CEO of Oceana Minerals International, commented:

"We're delighted to partner with Fevara to bring LithoNutri to the GB&I market. Fevara's deep customer relationships and industry expertise make them an ideal partner to support our long-term development in this market. Together, we're committed to delivering sustainable and high-performance nutrition solutions that create value for producers."