18th Jul 2025 11:28
(Alliance News) - Carr's Group PLC on Friday said it signed a strategic manufacturing partnership with Vetalis, a Cognac-based company specialising in animal nutrition.
Carr's, a Carlisle, England-based provider of agriculture products, including livestock supplements, said the collaboration is to develop an advanced range of Tracesure boluses, with distribution scheduled from autumn 2025.
Tracesure is a bolus with essential trace elements including cobalt, selenium and iodine to prevent deficiency for farm animals such as cows, sheep and lambs.
Carr's states on its website: "Almost all grass and forage is deficient in one or more of the trace elements cobalt, copper, iodine, and selenium."
The new partnership follows the strategic decision to close the Animax production facility last month. Carr's owns Animax, which is behind Tracesure, an innovator in animal precision nutrient technologies.
"The partnership marks a pivotal step in the group's growth strategy by improving on-farm productivity which in turn supports sustainable global food security. By combining the group's deep understanding of livestock nutrition with Vetalis' advanced manufacturing, the partnership will propel innovation, drive operational efficiencies, and improve product delivery. The agreement is expected to deliver meaningful operational savings while reinforcing the market-leading position of Tracesure in the UK and Ireland," Carr's said.
Carr's Chief Executive Officer Joshua Hoopes said: "This is a key strategic milestone as we reposition the group as a focused, pure-play agriculture business. Partnering with Vetalis enables us to build a more efficient platform for sustainable growth, while strengthening our customer offering and creating long-term value for shareholders."
Carr's shares rose 6.5% to 147.50 pence each on Friday morning in London.
By Tom Budszus, Alliance News slot editor
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