CHG-MERIDIAN enters the Indian market with acquisition of OPC Asset Solutions

• Acquisition is a component of CHG-MERIDIAN’s worldwide development technique
• OPC Asset Solutions gives direct entry to the fast-growing Indian market
• A business mannequin primarily based on the round economy and a shared know-how focus provide an awesome strategic match for each firms

WEINGARTEN, Germany, Oct. 27, 2022 /PRNewswire/ — Acquisition in India: With impact from October 20, 2022, CHG-MERIDIAN acquired OPC Asset Solutions, an asset lifecycle supervisor primarily based in Mumbai. The acquisition is half of the CHG-MERIDIAN Group’s technique with its deal with growth, internationalization and sustainability.

‘Usage over possession’ as a business mannequin. Like CHG-MERIDIAN, OPC Asset Solutions makes a speciality of asset lifecycle administration together with long-term leasing of IT, industrial, and healthcare gear for B2B clients. In addition to this, additionally like CHG-MERIDIAN, the business mannequin of this established, non-captive firm is rooted in the sustainable rules of the round economy. Founded in 2005, OPC Asset Solutions employs round 50 individuals and helps a wide variety of native and worldwide clients in the world’s sixth-largest nationwide economy (2021).

“Current customer requirements, the appeal of the Indian market, and the very strong fit between the two business models means that this transaction offers a great deal of growth potential for us,” says Dr. Mathias Wagner, Chairman of the Board of Management of the CHG-MERIDIAN Group. Successful integration into the CHG-MERIDIAN Group can be advantageous for OPC Asset Solutions: “As a new member of CHG-MERIDIAN Group, we will benefit from a number of synergies and an instant global footprint that will allow us to meet our customers’ needs,” explains R. Venkatesan, Managing Director of OPC Asset Solutions.

Growth pushed by worldwide clients

This acquisition permits CHG-MERIDIAN to deal with the rising significance of providing companies globally to worldwide clients. Indeed, a big quantity of the Group’s clients are already current in India. “This is why many of them are asking about lifecycle products as well as usage models for their IT investments also there,” says Dr. Mathias Wagner.

Moreover, the transaction will unlock the development potential of India, a constantly fast-growing market. Attractive financial development and growing ranges of digitalization nonetheless maintain monumental potential for utilization fashions primarily based on efficient asset lifecycle administration.  The acquisition will due to this fact contribute to the additional development growth of CHG-MERIDIAN.

Now, the Group is current in 29 nations, along with India, in Europe, North and South America, Australia and New Zealand.

The CHG-MERIDIAN Group

The CHG-MERIDIAN Group is the main worldwide know-how administration and financing firm for IT, industrial know-how, and healthcare know-how. Nearly 1,200 workers throughout 28 nations handle a know-how portfolio price €7.8 billion (2021). CHG-MERIDIAN funds and manages worldwide know-how tasks in a holistic, digital, and sustainable method. Acting independently of banks and producers, it provides the crucial belongings to its clients, which embrace massive firms, small and medium-sized enterprises, hospitals, and the public sector. The Company has been managing its clients’ know-how investments for greater than 40 years, masking the whole lifecycle from procurement and use to information erasure, refurbishing, and remarketing. The whole business mannequin has been primarily based on the rules of the round economy since 1979. CHG-MERIDIAN has been carbon-neutral since 2021. To obtain this, it avoids, reduces, or offsets all CO₂ emissions generated by its business actions. The Company’s headquarters are in Weingarten, Germany.

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