Carr's Group plc

Carr's Group plc is a UK-based company engaged in agriculture and engineering, providing specialized solutions for livestock nutrition and precision engineering components. Carr's Group plc is headquartered in Carlisle, UK, and operates primarily in the Global Agriculture and Chirton Engineering sectors. The company manufactures feed blocks, minerals, and boluses designed to improve livestock nutrition. Founded by Nick Carr, the company has evolved its business strategy to focus on both agricultural and engineering services, expanding its market reach over time.

Carr's Group offers a diverse range of products through its two divisions: Global Agriculture and Chirton Engineering. The Global Agriculture division specializes in manufacturing feed blocks, minerals, and boluses enriched with essential trace elements for livestock nutrition, enhancing animal health and productivity. Chirton Engineering provides precision machining services and complex components primarily for the engineering sector, serving clients such as agricultural businesses and engineering firms. Their products are marketed in various geographic markets, including the UK and beyond.

In 2023, Carr's Group generated revenue of USD 174. 54 mn with an EBITDA of USD 47. 62 mn. The company operates on a B2B model, selling specialized agricultural products and engineering services directly to businesses, and engaging in long-term contracts to ensure ongoing supply arrangements.

Carr's Group is focused on expanding its product offerings and entering new geographic markets. The company plans to launch new innovative agricultural products aimed at enhancing livestock nutrition in 2024. Additionally, it is exploring opportunities to expand into the European and North American markets by 2025. The company intends to utilize its recent funding to support these initiatives and strengthen its market position.