Ergon Capital Partners acquires majority stake in Palex Medical

Ergon Capital Partners IV, a private equity fund controlled by Belgium-based private equity firm Ergon Capital Partners, acquired a 65% stake in Spain-based Palex Medical for approximately EUR 97.5m.  

Our client, Palex Medical, based in Sant Cugat del Vallès, Catalonia, provides advanced hospital solutions through the distribution and marketing of all kinds of pharmaceutical, surgical-medical, and clinical products.  Both Corpfin Capital, which was so far the majority shareholder of Palex Medical, and the board of directors of the company will remain as minority shareholders.