DLA Piper advises MidEuropa and FAMAR Group on the acquisition of a production site from MiP Pharma

DLA Piper has advised leading European private equity investor MidEuropa and its portfolio company FAMAR Group, a European pharmaceutical CDMO, on the acquisition of a production site in Homburg (Saar), Germany, from MiP Pharma. DLA Piper previously advised MidEuropa on the acquisition of a controlling stake in FAMAR from ECM Partners and Metric Capital Partners.

FAMAR Group will integrate the facility into its worldwide production network and further develop it. With the takeover of the site, approximately 100 employees will be transferred to FAMAR Group. The transaction is expected to be completed in the coming months.

FAMAR Group is a leading European provider in the field of contract development and production of pharmaceuticals with over 1,850 employees. The acquisition strengthens FAMAR’s footprint in high-value dosage forms and expands the capabilities in aseptic and lyophilized fill & finish. With the addition of the Homburg site, FAMAR Group will operate a total of seven sites throughout Europe.

MiP Pharma Group distributes prescription generics, primarily antibiotics, as well as over-the-counter medicines and medical devices. The main markets are Germany, Poland, and other Eastern European countries. Since November 2020, MiP Pharma is part of the portfolio of the Berlin-based private equity firm capiton AG.

DLA Piper has advised FAMAR Group under the leadership of counsel Tatiana Marzoli (Private Equity/M&A, Frankfurt). The team also included partners Andreas Füchsel (Private Equity/M&A, Frankfurt) and Dr med Kokularajah Paheenthararajah (Life Sciences/Patent Litigation, Cologne), counsel Dr Thilo Streit (Public Commercial Law, Cologne), senior counsel Dr Hans-Peter Löw (Employment, Frankfurt), senior associates Franziska Weinzierl (Real Estate, Frankfurt) and Aleksandra Lis-Rychlinska (Private Equity/M&A, Munich), as well as associates Damian Merks (Private Equity/M&A, Frankfurt), Janina Strunk (Regulatory, Cologne), Cora Sprengart (Employment, Frankfurt), Nicolas Stilwell (Cologne), Pia Leonarda Riemenschneider (IP, Cologne), Liza Michelsen (Insurance, Cologne) and Monika Marincic (Commercial, Munich).