Famar

Athens, Greece Founded: 1949 • Age: 77 yrs Acquired By MidEuropa
Contract manufacturing and development services provider
Annual revenue - Latest available
Total funding $6.1M 3 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Famar

Famar is a company based in Athens (Greece) founded in 1949 was acquired by MidEuropa in July 2024. Famar has raised $6.06 million across 3 funding rounds from investors including EBRD, Pillarstone and York Capital. Famar offers products and services including R&D Services, Manufacturing Services, Quality Services, Regulatory Services, and Logistics Services. Famar operates in a competitive market with competitors including Crown Laboratories, Encube Ethicals, Curida, Formulated Solutions and Contract Pharmaceuticals, among others.

  • Headquarter Athens, Greece
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Famar Health Care Services
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.06 M (USD)

    in 3 rounds

  • Latest Funding Round
    $6.06 M (USD), Private Equity Round

    Sep 04, 2025

  • Investors
    EBRD

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    MidEuropa

    & 1 more

    (Jul 22, 2024)

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Products & Services of Famar

Famar offers a comprehensive portfolio of products and services, including R&D Services, Manufacturing Services, Quality Services, Regulatory Services, and Logistics Services.

Product name locked
Category locked
Primary

Services for pharmaceutical product development and innovation

Product name locked
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Manufacturing of pharmaceutical and consumer care products

Product name locked
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Ensuring compliance and quality in pharmaceutical processes

Product name locked
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Handling regulatory requirements for pharmaceutical products

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Distribution and logistics for pharmaceutical products

People of Famar

Headcount 1000-5000
Employee Profiles 57
Employee Profiles
People
Igor Tamos
Procurement Category Manager Ncogs & BAR Procurement Business Partner
People
Tserkanos Ioannis
R&d Cosmetics Formulation
People
Nikos Kostianis
Head Of Production
People
Faidra Angelikaki
Group Quality Product & Process Validation Manager

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Funding Insights of Famar

Famar has successfully raised a total of $6.06M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round of $6.06 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Famar

Famar has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include EBRD, Pillarstone and York Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Corporate advisory services are provided across multiple sectors.
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-
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MidEuropa is engaged in private equity investments in Central Europe.
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Investor details for Famar

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  • Investor domains
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Investments & Acquisitions by Famar

Investments
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Investment portfolio details for Famar

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Famar

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Detailed financials for Famar

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Famar Comparisons

Famar Primary company
Description
Contract manufacturing and development services provider
Location
Athens, Greece
Founded Year
1949
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Famar

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Competitors of Famar

Famar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Crown Laboratories, Encube Ethicals, Curida, Formulated Solutions and Contract Pharmaceuticals, among others.

Company Name Domain Founded year HQ Location Description
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OTC, prescription, skin care, and oral care products are manufactured.
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Contract development and manufacturing for topical semisolid formulations are provided.
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Liquid pharmaceuticals are developed via blow fill seal technology.
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Company offering CDMO services for the pharma (Rx and OTC), medical device, personal care and veterinary medicine sectors
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CDMO focused on manufacturing of semi-solid pharmaceutical drugs
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Detailed competitors of Famar

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Latest news on Famar

EBRD: Invests 24m euros in Famar
Moneyreview1 year ago
MidEuropa Agrees to Acquire Famar
Contractpharma2 years ago
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Complete news archive for Famar

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Frequently Asked Questions about Famar

Famar was founded in 1949 and raised its 1st funding round 69 years after it was founded.

Famar is headquartered in Athens, Greece.

Famar is a funded company, having raised a total of $6.06M across 3 funding rounds to date.

Famar was founded in 1949 and is based in Athens, Greece. Contract manufacturing and development services are delivered to the pharmaceutical and health beauty sectors. Key operations include product transfers and industrialization, product development, quality assurance, technical RD, manufacturing, analytical method validation, packaging, and logistics.

Famar's top competitors include Encube Ethicals, Crown Laboratories and Formulated Solutions.

Famar offers R&D Services, Manufacturing Services, Quality Services, Regulatory Services, and Logistics Services.

Famar has 5 investors. Key investors include EBRD, Pillarstone, York Capital, Elements Capital Partners, and MidEuropa.

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