Former Dragons' Den investor Hilary Devey founded the freight-distribution company Pall-Ex.
Pall-Ex is a palletised freight network, a business model designed to move pallet loads efficiently through a network of regional transport operators. Devey founded the company in the 1990s and became closely identified with its growth before joining television as a business investor.
The company is sometimes confused with other parcel and freight brands because logistics networks often use similar terms, including pallet, delivery, and distribution. Pall-Ex is specifically the company connected with Devey's entrepreneurial career.
Devey appeared on the British Dragons' Den panel after building her reputation in transport and logistics. Her background gave her particular credibility when assessing businesses involving operations, supply chains, and commercial scale. Her television career was one part of a wider business story rather than the source of her original wealth.