Jardine Matheson acquires Australia’s I-MED Radiology Network

Deal marks Jardines’ first major investment since 2025.

Jardine Matheson Holdings (Jardines) has completed the acquisition of I-MED Radiology Network (I-MED), an Australia-based diagnostic imaging and teleradiology provider.

The acquisition marks Jardines’ first major investment since it transitioned to an investment company in 2025.

Jardines said the investment will form a new earnings growth pillar for the group and is aligned with its strategy of being an Asia Pacific-focused control owner of high-quality, scalable businesses.

The deal also supports the 2030 objectives outlined at Jardines’ Investor Day in June.

As part of the transaction, Jardines will work closely with I-MED’s management team to support the company’s continued growth and expansion.

Lincoln Pan, CEO of Jardine Matheson, said the company is partnering with I-MED’s doctors and clinicians, whom he described as key to the radiology practice’s position in Australia. "I-MED is a trusted leader in radiology, with a long history of clinical excellence and a deep network of partners in its medical communities.”

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