Famar

Athens, Greece Founded: 1949 • Age: 77 yrs Acquired By MidEuropa
Contract manufacturing and development services provider
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About Famar

Famar is a company based in Athens (Greece) founded in 1949 was acquired by MidEuropa in July 2024.. 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
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Famar Health Care Services
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $26.08 M (USD), Debt – Conventional

    Oct 21, 2024

  • Investors
    EBRD

    & 4 more

  • Employee Count
    Employee Count
  • 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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Services for pharmaceutical product development and innovation

Manufacturing of pharmaceutical and consumer care products

Ensuring compliance and quality in pharmaceutical processes

Handling regulatory requirements for pharmaceutical products

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

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $26.1M
  • First Round

    (12 Dec 2018)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2024 Amount Debt – Conventional - Famar Valuation

investors

Dec, 2018 Amount Debt – Conventional - Famar Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Corporate advisory services are provided across multiple sectors.
Founded Year Domain Location
-
Founded Year Domain Location
MidEuropa is engaged in private equity investments in Central Europe.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Famar

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Famar

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Famar Comparisons

Employees
+
Add Comparison
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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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
OTC, prescription, skin care, and oral care products are manufactured.
domain founded_year HQ Location
Contract development and manufacturing for topical semisolid formulations are provided.
domain founded_year HQ Location
Liquid pharmaceuticals are developed via blow fill seal technology.
domain founded_year HQ Location
Company offering CDMO services for the pharma (Rx and OTC), medical device, personal care and veterinary medicine sectors
domain founded_year HQ Location
CDMO focused on manufacturing of semi-solid pharmaceutical drugs
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Famar

EBRD: Invests 24m euros in Famar
Moneyreview1 year ago
MidEuropa Agrees to Acquire Famar
Contractpharma1 year ago

Frequently Asked Questions about Famar

When was Famar founded?

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

Where is Famar located?

Famar is headquartered in Athens, Greece.

What does Famar do?

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.

Who are the top competitors of Famar?

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

What products or services does Famar offer?

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

Who are Famar's investors?

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

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