# Apax to acquire co-controlling stake in Palex Medical

Private equity firm Apax agreed to acquire a co-controlling stake in Spain's Palex Medical from Fremman Capital and other minority shareholders. Apax will co-control the company with Fremman.

- Type: Acquisition
- Announced: 2023-07-31
- Where: Spain
- Status: announced
- Products: healthcare distribution
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Apax Partners](https://endata.com/companies/14505.md) (acquirer)
- [Palex Medical](https://endata.com/companies/71731.md) (target)
- [Fremman Capital](https://endata.com/companies/71732.md) (partner)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/apax-acquire-co-controlling-stake-palex-medical-2023-07-31/), 2023-07-31: "Private equity firm Apax said on Monday it has agreed to acquire a co-controlling stake in Spain's Palex Medical from investment fund Fremman Capital and other minority shareholders."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.