Farminveste, S.G.P.S., S.A.
Farminveste, S.G.P.S., S.A. is a Portuguese non-financial holding company (Sociedade Gestora de Participacoes Sociais) registered with the NIPC 509491480, with its registered office at Travessa de Santa Catarina, no. 8, freguesia de Santa Catarina, concelho de Lisboa. The company is listed on Euronext Access Lisbon under the ticker MLFMV (ISIN PTFNV1AM0002), following a direct listing on 16 October 2018, and its registry status is active.
Farminveste acts as the investment holding vehicle for the business universe associated with the Associacao Nacional das Farmacias (ANF), the Portuguese national pharmacy trade association. Through its shareholdings, the group is organised around several business areas: pharmaceutical wholesale distribution, carried out through Alliance Healthcare, S.A.; healthcare information systems, through Glintt – Global Intelligent Technologies, SGPS, S.A.; pharmaceutical market intelligence, through HMR – Health Market Research; healthcare provision, through a minority participation in CUF, S.A. and in Jose de Mello Residencias e Servicos, SGPS, S.A.; and real estate, through the Imofarma closed-end real estate investment fund.
For the first half of 2025, Farminveste reported a consolidated net profit of approximately 47.7 million euros, more than six times the figure for the same period of the prior year. The increase was largely attributable to the sale, in May 2025, of a 51% stake in Alloga Logifarma by its subsidiary Alliance Healthcare, which generated a reported gain of 73.54 million euros at the subsidiary level; excluding this effect, the underlying consolidated net result for the period was approximately 10.2 million euros, still up by close to 54% year on year. In early 2026, the company disclosed board-level changes through regulatory announcements, including the resignation of one board member in January 2026 and the co-optation of a replacement announced on 27 February 2026.
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Shareholders
Shareholders of Farminveste, S.G.P.S., S.A.
Farminveste is a majority-controlled subsidiary of the Associacao Nacional das Farmacias (ANF), the Portuguese national pharmacy association, which has been reported by the company and by ANF itself as holding approximately 87.77% of Farminveste share capital. The remaining approximately 12.23% is described as a free float held by minority shareholders, reported to be mostly individual pharmacists who are ANF members. This structure reflects the company origin as the investment vehicle through which the pharmacy sector association holds its shareholdings.
Ultimate beneficial ownership
No individual natural person has been identified in the reviewed secondary sources as an ultimate beneficial owner of Farminveste. The controlling shareholder, ANF, is a membership association rather than a natural person, and no single-person controlling chain above ANF was located. This block therefore does not present a calculated UBO percentage.
Data availability
Shareholder disclosure for Farminveste is major-shareholders-only from the sources reviewed: the controlling stake held by ANF and an aggregate free float figure are disclosed, but a full list of individual minority shareholders and their respective holdings was not accessible through the ordinary web sources reviewed for this profile. Portuguese central beneficial ownership register (RCBE) filings, where accessible, may provide additional detail not captured here.
Sources
- Associacao Nacional das Farmacias (ANF), official communication referenced via anf.pt, retrieved 2026-09-16
- Jornal de Negocios, business press coverage of Farminveste corporate reorganisation, retrieved 2026-09-16
Group Structure
Group structure of Farminveste, S.G.P.S., S.A.
Farminveste is not an independent company: it operates as the holding vehicle of the business universe controlled by the Associacao Nacional das Farmacias (ANF), which is reported to hold approximately 87.77% of its share capital and is treated here as its immediate and, on the information reviewed, ultimate controlling party. Business press and company disclosures reviewed for this profile identify several verified participations held by Farminveste, spanning pharmaceutical distribution, healthcare information technology, market intelligence, healthcare provision and real estate. Ownership percentages for most of these participations were not disclosed in the ordinary web sources reviewed, with the exception of the since-partially-divested Alloga Logifarma stake. The information below reflects sources retrieved in September 2026 and should be treated as partial rather than a complete corporate-linkage record.
| Entity | Country | Relationship | Business area | Ownership | Status |
|---|---|---|---|---|---|
| Associacao Nacional das Farmacias (ANF) | Portugal | Controlling shareholder / ultimate controlling party | Pharmacy trade association | ~87.77% of Farminveste | Current |
| Alliance Healthcare, S.A. | Portugal | Subsidiary (verified via business press) | Pharmaceutical wholesale distribution | Not disclosed | Current |
| Glintt – Global Intelligent Technologies, SGPS, S.A. | Portugal | Participation (verified via business press) | Healthcare information systems | Not disclosed | Current |
| HMR – Health Market Research | Portugal | Participation (verified via business press) | Pharmaceutical market intelligence | Not disclosed | Current |
| CUF, S.A. | Portugal | Minority participation (verified via business press) | Healthcare provision (hospitals and clinics) | Not disclosed | Current |
| Jose de Mello Residencias e Servicos, SGPS, S.A. | Portugal | Minority participation (verified via business press) | Healthcare provision | Not disclosed | Current |
| Alloga Logifarma | Portugal | Historical relationship (partially divested) | Pharmaceutical logistics | 51% sold by Alliance Healthcare, May 2025 | Historical (partial) |
Recent structural changes
- May 2025: Alliance Healthcare, S.A. (a Farminveste participation) sold a 51% stake in Alloga Logifarma, generating a reported gain of 73.54 million euros at that level; an option to sell the remaining 49% was reported as exercisable between 1 December 2025 and 1 December 2026.
- From late 2024 into 2025, ANF and Farminveste disclosed a broader corporate reorganisation of the ANF and Farminveste business universe, described in company communications as involving the transfer of activities and assets between group entities for reasons of economic rationalisation and specialisation.
Data availability
The group structure information for Farminveste is partial. The controlling relationship with ANF and the identity of several business-area participations are verified through reputable business press and company disclosures, but precise ownership percentages for most subsidiaries and participations, and a complete list of indirect subsidiaries, were not accessible through the ordinary web sources reviewed for this profile.
Sources
- Jornal de Negocios, coverage of ANF reorganisation of Farminveste, retrieved 2026-09-16
- HealthNews.pt, coverage of Farminveste H1 2025 results and Alloga sale, retrieved 2026-09-16
- ECO/Sapo, coverage of Farminveste debt-to-equity conversion, retrieved 2026-09-16
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Frequently Asked Questions
What does Farminveste, S.G.P.S., S.A. do?
Farminveste, S.G.P.S., S.A. is a Portuguese non-financial holding company (NIPC 509491480) that holds the shareholdings of the Associacao Nacional das Farmacias (ANF) business universe, spanning pharmaceutical distribution, healthcare information systems, market intelligence, healthcare provision and real estate.
Who owns Farminveste, S.G.P.S., S.A.?
Associacao Nacional das Farmacias (ANF) holds approximately 87.77% of share capital; the remaining approximately 12.23% is a free float held by minority shareholders, reported to be mostly ANF pharmacist members.
Who is Farminveste, S.G.P.S., S.A.'s UBO (Ultimate Beneficial Owner)?
No individual natural person has been identified in the reviewed secondary sources as an ultimate beneficial owner of Farminveste. The controlling shareholder, ANF, is a membership association rather than a natural person, and no single-person controlling chain above ANF was located. This block therefore does not present a calculated UBO percentage.
Is Farminveste, S.G.P.S., S.A. still an active company?
Farminveste, S.G.P.S., S.A.'s status on Instituto dos Registos e do Notariado is listed as active.
What is Farminveste, S.G.P.S., S.A.'s registered address?
The registered address on file for Farminveste, S.G.P.S., S.A. is Lisbon, Portugal.
What is Farminveste, S.G.P.S., S.A.'s revenue?
Consolidated net profit for H1 2025 was approximately EUR 47.7 million, more than six times the prior-year period, largely due to a EUR 73.54 million gain from the May 2025 sale of a 51% stake in Alloga Logifarma; excluding this, underlying H1 2025 net result was approximately EUR 10.2 million.
Is Farminveste, S.G.P.S., S.A. listed on a stock exchange?
Listed on Euronext Access Lisbon under ticker MLFMV (ISIN PTFNV1AM0002) since a direct listing on 16 October 2018.
Does Farminveste, S.G.P.S., S.A. have a parent company or subsidiaries?
Controlled by ANF; participations include Alliance Healthcare, S.A. (pharmaceutical distribution), Glintt – Global Intelligent Technologies, SGPS, S.A. (IT), HMR – Health Market Research, a minority stake in CUF, S.A. and Jose de Mello Residencias e Servicos, SGPS, S.A. (healthcare provision), and the Imofarma real estate fund.
Can Zavia monitor changes to Farminveste, S.G.P.S., S.A.'s ownership over time?
This profile reflects a point-in-time snapshot from Instituto dos Registos e do Notariado. Zavia's monitoring API can track changes to Farminveste, S.G.P.S., S.A.'s registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access Farminveste, S.G.P.S., S.A.'s data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including Portugal, so records like Farminveste, S.G.P.S., S.A.'s registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Instituto dos Registos e do Notariado and was last synced on 15 September 2026.