Palex, a distributor of high value-added MedTech equipment and solutions in Iberia, has announced today the bolt-on acquisition of Gada, a leading player in the Italian market.
Since 2016, Palex has completed more than 12 bolt-on acquisitions. This is the second add-on since Fremman Capital acquired a majority stake in the company in December 2021.
Gada is a leading distributor of medical devices for cardiovascular, blood management, and intensive care, and an experienced provider of integrated healthcare services to hospitals.