Fremman Capital reinforces Palex with the purchase of the Italian firm Gada
Palex Medical, owned by Corpfin Capital and leader in the distribution of hospital equipment, acquires Gada, the equivalent leading company in the Italian market.
Gada has more than 40 years of experience and specializes in medical equipment used in cardiology. With this acquisition, Palex becomes a leader in its sector in southern Europe and continues with its growth and international expansion process started in 2016 with the support of Corpfin Capital. Palex is currently backed by private equity funds Fremman and Ergon Capital, while Corpfin holds a minority stake.
Palex Medical thus achieves its main objective: to become the reference provider of advanced solutions for healthcare professionals, both in the hospital field as well as for research and laboratories in Europe.