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

‘Usage over ownership’ as a business model. Like CHG-MERIDIAN, OPC Asset Solutions specializes in asset lifecycle management including long-therm leasing of IT, industrial, and healthcare equipment for B2B customers. In addition to this, also like CHG-MERIDIAN, the business model of this established, non-captive company is rooted in the sustainable principles of the circular economy. Founded in 2005, OPC Asset Solutions employs around 50 people and supports a large range of local and international customers in the world’s sixth-largest national economy (2021).

This acquisition enables CHG-MERIDIAN to address the growing importance of offering services globally to international customers. Indeed, a large number of the Group’s customers are already present 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 growth potential of India, a consistently fast-growing market. Attractive economic growth and increasing levels of digitalization still hold enormous potential for usage models based on effective asset lifecycle management. The acquisition will therefore contribute to the further growth development of CHG-MERIDIAN.

Now, the Group is present in 29 countries, in addition to India, in Europe, North and South America, Australia and New Zealand.