FAMAR Expands Presence with Sterile Site Acquisition in Homburg
Deal News | May 14, 2025 | PR Newswire Cision FAMAR Group
FAMAR Group, a leading European pharmaceutical CDMO, has announced the acquisition of a sterile production site in Homburg, Germany, from MiP Pharma. This acquisition marks a significant strategic milestone for FAMAR, expanding its footprint in high-value dosage forms and enhancing its aseptic and lyophilized fill & finish capabilities. The recently modernized Homburg facility will join FAMAR’s international manufacturing network, further solidifying its commitment to flexible, high-quality, and scalable production solutions. Around 100 employees will transition to FAMAR, ensuring continuity and facilitating the development of the site into a multi-customer CDMO platform. This move is backed by MidEuropa, highlighting their dedication to supporting FAMAR's expansion into complex pharmaceutical manufacturing. For MiP Pharma, the sale allows them to concentrate on their core business areas, with the transaction securing jobs and establishing a foundation for future growth.
Sectors
- Pharmaceutical Manufacturing
- Contract Development and Manufacturing (CDMO)
Geography
- Germany – The location of the acquired sterile manufacturing site is in Homburg, Germany.
- Europe – Both FAMAR and MiP Pharma operate within the broader European market, impacting the region's pharmaceutical industry.
Industry
- Pharmaceutical Manufacturing – The article revolves around the acquisition of a sterile manufacturing facility, highlighting the pharmaceutical manufacturing industry’s role in producing high-value dosage forms.
- Contract Development and Manufacturing (CDMO) – FAMAR’s expansion as a CDMO provider emphasizes its strategic growth in offering contract-based pharmaceutical manufacturing services.
Financials
- 50 million euros – MiP Pharma's sales in the last financial year.
Participants
Name | Role | Type | Description |
---|---|---|---|
FAMAR Group | Acquirer | Company | A leading European CDMO, providing pharmaceutical and cosmetic manufacturing services. |
MiP Pharma Group | Seller | Company | A pharmaceutical company focusing on generics and medical devices, selling their Homburg facility to FAMAR. |
MidEuropa | Supporter | Company | MidEuropa is an investor supporting FAMAR's strategic acquisition and expansion efforts. |
capiton AG | Private Equity Owner | Company | The financial investor owning MiP Pharma since November 2020. |
Konstantinos Rengis | CEO | Person | CEO of FAMAR Group, commented on the strategic importance of the acquisition. |
Dr. Friedrich Sernetz | CEO | Person | CEO of MiP Pharma, expressed satisfaction with FAMAR as the buyer of the Homburg facility. |
Matthew Strassberg | Partner and Head of Healthcare Sector Practice | Person | Partner at MidEuropa, commented on supporting FAMAR's expansion. |