Gilbert + Tobin has advised Canberra Imaging Group (CIG) on its sale to Sonic Healthcare, one of the world's leading providers of medical diagnostics.
The acquisition of CIG will increase Sonic’s Imaging division in Australia by ~10%. Settlement of the transaction is expected in the first quarter of FY 2022 and is subject to customary conditions.
Chris and Tim said “We are pleased to have worked with Chevalier Capital to assist the CIG partners with this landmark transaction to transition the business to its next period of growth in the ACT and beyond. Congratulations to CIG and Sonic Healthcare.”