CHG-MERIDIAN acquired OPC Asset Solutions, an asset lifecycle manager based in Mumbai. The acquisition is part of the CHG-MERIDIAN Group’s strategy and focus on growth, internationalization and sustainability. OPC Asset Solutions specializes in asset lifecycle management including long-term leasing of IT, industrial and healthcare equipment for business-to-business customers.

“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, said. Successful integration into the CHG-MERIDIAN Group is also 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,” R. Venkatesen, managing director of OPC Asset Solutions, said.

Growth driven by international customers

This acquisition enables CHG-MERIDIAN to address the growing importance of offering services globally to international customers “This is why many of them are asking about lifecycle products as well as usage models for their IT investments also there,” Dr. Mathias Wagner, chairman of management-board and CEO of CHG, said.

Moreover, the transaction will unlock the growth potential of India and will therefore contribute to the further growth development of CHG-MERIDIAN.

The group is now present in 29 countries, in addition to India, in Europe, North and South America, Australia and New Zealand.