# Palex Medical to acquire Duomed to create pan-European MedTech distribution platform

Palex Medical announced a put option agreement to acquire Duomed, a Belgian MedTech distributor. The combined group would create a pan-European platform for medical technology equipment and solutions across Northern, Western, and Southern Europe.

- Type: Acquisition
- Announced: 2024-04-16
- Where: Belgium
- Status: announced
- Products: medical technology equipment, endoscopy, surgery, critical care, medical imaging, physiology monitoring, infection control products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Palex Medical](https://endata.com/companies/71731.md) (acquirer)
- [Duomed](https://endata.com/companies/76838.md) (target)

## Sources

- [fremman.com](https://fremman.com/palex-and-duomed-to-create-the-first-truly-pan-european-medtech-distribution-platform-focused-on-value-added-products-and-services/), 2024-04-16: "This not only represents growth for Palex and Duomed, but also an opportunity for healthcare, science, and research professionals in each of these countries, as well as for our providers of technological innovations."

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