Pharma Green Holding secures €10 million financing from Banco BPM to support 2026 growth

Pharma Green Holding S.p.A., a società benefit and one of Italy's leading pharmaceutical retail groups operating under the Alma Farmacie brand, has signed, through its subsidiary PGH 66 Srl, a financing agreement of approximately €10 million provided by Banco BPM to support the group's growth throughout 2026.

Gruppo Pharma Green Holding, founded in late 2021, currently operates 75 pharmacies across 7 Italian regions (Veneto, Liguria, Emilia-Romagna, Tuscany, Lazio, Marche and Puglia). The group closed the 2025 financial year with revenues exceeding €100 million and a pro-forma store EBITDA of approximately €19 million, with a target of reaching over 90 pharmacies during the year.

We are proud of Banco BPM's confidence in our Group. Our growth journey continues: Alma Farmacie is becoming an increasingly important point of reference in people's lives, thanks to a team of over 450 professionals, approximately 100 private label products developed for the wellbeing of our customers and patients, and a strong focus on healthcare services. (Michele Quaranta, Co-founder and Head of M&A and Business Development, Pharma Green Holding)

We are very pleased to have had the opportunity to support Gruppo Pharma Green Holding by making Banco BPM's resources available to foster its development in a project aimed at creating an efficient network of pharmacies serving the community. (Mattia Mastroianni, Head of Corporate, Banco BPM)

Pharma Green Holding was assisted by Gatti Pavesi Bianchi Ludovici as legal advisor. Banco BPM was assisted by Dentons as legal advisor.