Fevara plc (LSE:FVA), a London-listed livestock nutrition specialist, has entered into a five-year exclusive distribution agreement with Brazil-based Oceana Minerals to introduce its LithoNutri product to the Great Britain and Ireland markets.
Fevara develops and commercialises science-led nutritional solutions for livestock, including feed licks, mineral blocks, and boluses for cattle, sheep, and horses. Its portfolio includes well-known brands such as Crystalyx and Horslyx, and the company operates from its Carlisle headquarters with manufacturing facilities spanning the UK, United States, and Brazil, alongside joint ventures in Germany and the U.S. Its products are sold in more than 20 countries, with a focus on enhancing efficiency and sustainability in grazing systems.
Under the agreement, LithoNutri—a seaweed-based rumen health and digestion enhancer—will be added to Fevara’s product range. The company plans to utilise its established distribution network and strong customer base to expand adoption, aiming to support improved milk production and livestock growth rates. The addition is also expected to strengthen the market position of Fevara’s core brands, including Crystalyx, Scotmin, Horslyx, and Tracesure, across the UK and Ireland.
The collaboration reflects a model Fevara has successfully implemented in regions such as New Zealand, where partnerships have supported market expansion. Both companies intend to work closely through joint technical development, research initiatives, and commercial efforts to build the GB&I market for LithoNutri. Although the agreement is not considered financially material in regulatory terms, it highlights Fevara’s ongoing strategy of leveraging partnerships and sustainable product innovation to reinforce its role as a research-driven player in livestock nutrition while opening a new European channel for Oceana Minerals.
Looking ahead, Fevara’s outlook is supported by an expected improvement in FY2025 financial performance, including a recovery in profitability, stronger free cash flow, and relatively low leverage. However, this is balanced by past fluctuations in earnings and less consistent cash conversion. Market indicators remain broadly neutral, with the share price trading below longer-term averages, while valuation appears reasonable and supported by dividend returns.
More about Fevara plc
Fevara plc is a global provider of livestock nutritional products, focused on supporting farmers operating in extensive grazing systems with research-based solutions designed to improve productivity, efficiency, and sustainability. The company produces feed licks, mineral supplements, and boluses for cattle, sheep, and horses, marketed under brands such as Crystalyx, Horslyx, Scotmin Nutrition, SmartLic, Tracesure Advanced, and Macal.
Headquartered in Carlisle, UK, Fevara operates six manufacturing facilities across the UK, U.S., and Brazil, supported by joint ventures in Germany and the United States. Listed on the London Stock Exchange since 1972, the company maintains a broad international distribution network and continues to position itself as a key participant in the global livestock nutrition sector, with a strong emphasis on innovation and sustainable farming solutions.
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