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Fevara Exits Engineering Business with Sale of Chirton Unit

MT Newswires·08/11/2026 08:39:10
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08:39 AM EDT, 08/11/2026 (MT Newswires) -- Livestock supplements maker Fevara (FVA.L) said Tuesday it completed the divestment of its remaining engineering business, Chirton Engineering, to Deca Group. The transaction includes an upfront payment of 650,000 pounds sterling, plus a deferred consideration of 200,000 pounds to be settled in the next two years. Fevara noted that following the sale of most of its engineering assets in April 2025, the Chirton disposal marks the final step in streamlining its operations and focusing on its livestock supplements business.