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Manufacturer of aerosols and liquid branded products for Personal Care, Home Care and Health Care

Type of Operation



Fund IV & Portobello Coinvestment

Investment date

July 2021


Farmol is a contract manufacturer for aerosol and liquid branded

Farmol is a leading CMO platform for aerosol and liquid branded products in Europe with presence in Personal Care, Home Care and Health Care.

Founded in 1946 and based in Comun Nuovo (Italy), Farmol is one of the leading European players in aerosol formulation and filling. The company employs c.700 people and operates across six manufacturing facilities located in Italy, Hungary, Slovakia, and Tunisia, with approximately 500 million units of annual manufacturing capacity.

Farmol has managed to grow organically at double digit rates in the last years and has consolidated its position as a partner of choice for some of the largest multinational consumer goods companies globally. Thanks to its customer-centric approach, the company is recognized by its clients as a flexible and reliable partner with a strong focus on quality, product innovation and environmentally friendly solutions.

Why did we invest in Farmol?

> Leading market positioning in an industry with positive organic growth dynamics

> Strong and longstanding client relationships

> Best-in-class management team

> Strong financial profile, outperforming the market in the last years

> Several avenues for growth, including inorganic opportunities in a highly fragmented market