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Fevara to Enter Brazilian Market with GBP5 Million Purchase Deal for Macal

MT Newswires·12/03/2025 04:03:40
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04:03 AM EST, 12/03/2025 (MT Newswires) -- Fevara (FVA.L) agreed to buy Domino Industria E Comercio, d/b/a Macal, for an initial consideration of 5 million pounds sterling, marking its entry into the Brazilian market. The livestock supplements company said Wednesday the deal also includes a deferred consideration of between 900,000 pounds and 1.9 million pounds payable in March 2028, subject to business performance. Fevara expects to close the acquisition of the minerals and supplements provider in six to eight weeks.