---
title: Acquisition of radiology service provider RIMAB SAS
description: IMEXHS Limited announces that it has entered into an agreement for the acquisition of radiology services provider RIMAB SAS
---

[IMEXHS Blog – News and Content on Digital Radiology ](https://imexhs.com/en/blog)

# [Acquisition of radiology service provider RIMAB SAS](https://imexhs.com/en/blog/acquisition-of-radiology-service-provider-rimab-sas/)

 Written by [jorgeboada](https://imexhs.com/en/blog/author/jorgeboada) | Mar 1, 2025 9:28:10 PM

IMEXHS Limited (ASX: IME) (“IMEXHS” or “the Company”) announces that it has entered into an agreement for the acquisition of Colombia-based radiology services provider RIMAB SAS (“RIMAB”) (“Acquisition”).

Highlights

Acquisition of RIMAB SAS, a radiology services provider, for COP24.3 billion or approximately A$8.5 million,1 (assuming satisfaction of the earn-out conditions) in a combination of cash and IMEXHS ordinary shares  
Purchase price of A$8.5 million less debt and working capital of AUD$0.7m2 comprises cash of ~A$1.4 million and 3,649,064 shares at A$1.76 (~A$6.4m) being the 10-day VWAP to 3 days prior to this announcement  
RIMAB strengthens IMEXHS’s customer offering with imaging and teleradiology services and provides a testbed for artificial intelligence (AI) development  
For the year to 31 December 2020, RIMAB had revenue of A$9.0m and EBITDA of A$1.5m3 (on a consolidated basis revenue of A$3.2m4 and EBITDA of ~A$1.5m)  
Acquisition expected to be earnings accretive; price equates to 6.6×5 2020 EBITDA

Visit web page: [RIMAB WEB](http://Rimab.com.co)

[ Read the complete announcement](https://imexhs.com/hubfs/Inversionistas-imexhs/Anuncios%20ASX/2238977.pdf)

[ View the complete presentation](https://imexhs.com/hubfs/Inversionistas-imexhs/Anuncios%20ASX/2238977.pdf)

[View full post](https://imexhs.com/en/blog/acquisition-of-radiology-service-provider-rimab-sas/)

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