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. During the period 2016-2019 Palex acquired seven companies as part of its buy and build strategy. Besides the company has grown organically substantially under the leadership of Corpfin Capital and the company’s management team.
In 2020, as part of a new transaction, Corpfin Capital keeps a relevant minority in Palex.