Palex

Palex is a leading company in Spain and Portugal in the supply of medical solutions and hospital equipment. Founded in 1955 by the Knuth family, it distributes a wide range of medical devices from leading brands through an extensive commercial network.

In 2016, Corpfin Capital, through CCFIV, acquired 51% of Palex Medical, a leading provider of medical solutions and hospital equipment in Spain and Portugal. Founded in 1955 by the Knuth family, Palex distributes a wide range of medical devices from leading brands through an extensive sales network. Between 2016 and 2019, Palex acquired seven companies as part of its buy-and-build strategy and achieved significant organic growth under the leadership of Corpfin Capital and its management team.

In 2020, CCFIV successfully divested its stake in Palex and reinvested through CCFIV, along with a new financial investor, to expand the group’s consolidation strategy into other European markets. During the period 2020-2023, Palex continued its organic growth, developing its international expansion, particularly in Italy, and incorporating more than ten new companies into the group until its final divestiture in 2023.