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Fevara Completes Acquisition of Brazilian Livestock Supplements Firm Macal

Story Highlights
  • Fevara has finalised its purchase of Brazilian livestock supplements producer Macal.
  • The acquisition broadens Fevara’s Brazilian footprint and supports its global growth strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fevara Completes Acquisition of Brazilian Livestock Supplements Firm Macal

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Carr’s Group plc ( (GB:FVA) ) has provided an update.

Fevara plc has completed the acquisition of Brazilian livestock supplements producer Domino Industria E Comercio LTDA, which trades as Macal and is based in Campo Grande, Brazil. The deal strengthens Fevara’s presence in South America, expands its manufacturing footprint in Brazil and supports its strategy of growing its global livestock supplements business focused on improving farm profitability, resource efficiency and sustainable agriculture.

The most recent analyst rating on (GB:FVA) stock is a Hold with a £142.00 price target. To see the full list of analyst forecasts on Carr’s Group plc stock, see the GB:FVA Stock Forecast page.

Spark’s Take on GB:FVA Stock

According to Spark, TipRanks’ AI Analyst, GB:FVA is a Neutral.

Carr’s Group plc’s overall stock score is influenced primarily by its financial performance, which shows significant challenges in profitability and revenue generation. Technical analysis indicates a bearish trend, though some indicators suggest potential stabilization. Valuation is uncertain due to the lack of a P/E ratio, though the dividend yield offers some appeal. The absence of earnings call data and corporate events limits additional insights.

To see Spark’s full report on GB:FVA stock, click here.

More about Carr’s Group plc

Fevara plc is an international specialist in livestock supplements, developing, manufacturing and marketing research-based products such as feed licks, blocks, bagged minerals and boluses for cattle, sheep and horses. Headquartered in Carlisle, UK, the group operates five manufacturing sites across the UK, US and Brazil, runs joint ventures in Germany and the US, serves customers in more than 20 countries through a broad distribution network, and has been listed on the London Stock Exchange since 1972.

Average Trading Volume: 34,879

Technical Sentiment Signal: Strong Buy

Current Market Cap: £71.96M

For a thorough assessment of FVA stock, go to TipRanks’ Stock Analysis page.

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