In August 2016, Corpfin acquired 51% of Palex Medical, S.A., a leading medical equipment distributor in Spain and Portugal. Founded in 1955 by the Knuth family, Palex distributes a wide range of leading brand medical devices to public and private hospitals through an extensive commercial network. The Knuth family and the management team remain shareholders.

Palex has subsequently acquired five companies to date as part of its build-up strategy.