Fevara plc (LSE:FVA) has signed an exclusive five‑year distribution agreement with Brazil’s Oceana Minerais Marinhos LTDA to bring LithoNutri to Great Britain and Ireland. The deal gives Fevara sole rights in GB&I to a calcified marine‑algae product designed to boost ruminal health and digestive performance in livestock, complementing its Crystalyx®, Scotmin®, Horslyx® and Tracesure® ranges.
Oceana Minerals supplies LithoNutri as a natural alternative to traditional buffering agents; the company says the product can support improved milk yield in dairy systems and enhanced growth rates in beef. Fevara and Oceana will combine Fevara’s customer network with Oceana’s technical expertise and run joint activity across technical development, research and development and commercial execution. No financial terms were disclosed.
"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," said Joshua Hoopes, Chief Executive Officer of Fevara plc.
"We're delighted to partner with Fevara to bring LithoNutri to the GB&I market," Daniel Frasson, CEO of Oceana Minerals International, added.
