Fremman Acquires Majority Stake in Palex from Ergon and Corpfin
October 20, 2021
Fremman has acquired a majority stake in Palex, the leading distributor of high value-added MedTech equipment and solutions in Spain and Portugal, from Ergon Capital Partners and Corpfin Capital. Management, Ergon and Corpfin will remain minority shareholders as Fremman partners with the Palex team to pursue further consolidation and geographic expansion across Iberia and Europe.
- Buyers
- Fremman (Fremman 1 MM SCSp)
- Targets
- Palex
- Sellers
- Ergon Capital Partners IV SCSp, Corpfin Capital
- Industry
- Medical Devices
- Location
- Catalonia, Spain
- Transaction Type
- Buyout
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