Investment & Fund Management
backed by the European Investment
Full Credential Description
CARM & Co, a family-run business based in Qormi, Malta, specializes in wellness services and food supplements aimed at enhancing health, fitness, and physical performance. Founded in 2010 by Robert Vela and his wife, the company has seen significant growth over the past eight years, establishing a strong presence in the B2B market by supplying fitness centers, pharmacies, and supermarkets with their products.
In 2018, Robert sought financial support through an EU-guaranteed loan from BNF, backed by the European Investment Fund (EIF), to further consolidate the company's growth. The tailored solution provided by the EIF allowed CARM & Co to purchase their own delivery van, transitioning from a leasing model to ownership, which is expected to reduce long-term operational costs. Additionally, the financial support enabled the company to restructure their warehouse to better meet their operational needs, facilitating future expansion into new product areas and brands.
As a result of this financial backing, CARM & Co is now positioned to explore new opportunities and enhance their product offerings, reflecting the growing health consciousness among consumers in Malta. The investment not only supports the company's immediate logistical needs but also sets the stage for sustainable growth and diversification in the competitive wellness market.