Fremman acquires a majority stake in Palex
Corpfin Capital, Ergon and the management team will remain as minority investors in the company.
Founded in 1955 by the Knuth family, Palex is the leading distributor of value-added MedTech equipment and medical solutions for hospitals and laboratories, in Spain and Portugal.
In 2016 Corpfin Capital, acquired a majority stake in Palex, becoming a minority stake in 2020 when Ergon invested in the company. Throughout these years Palex has experienced strong organic and inorganic growth, having acquired 10 companies.
Alberto Curto, Managing Partner at Corpfin, highlighted the capacity and commitment of Palex’s management team. This team, led by its CEO Xavier Carbonell, will continue to lead the company in this new stage of its expansion.