CHG-MERIDIAN expands its coverage in the APAC region

When CHG-MERIDIAN acquired Indian asset lifecycle manager OPC Asset Solutions and opened a new office in Singapore in 2022, it laid crucial foundations for its expansion in the Asia-Pacific region. At the end of 2023, the cooperation with SMFL opened up access to the Japanese market and is now to be broadened to include three further markets. This will allow CHG-MERIDIAN to offer technology2use solutions to its customers in a total of six countries in Asia: India, Singapore, Japan, China, Malaysia, and Thailand.

“These three important new markets will strengthen our international presence and our portfolio in the Asia-Pacific region,” explains Mathias Wagner, CEO of CHG-MERIDIAN.

CHG-MERIDIAN thus remains firmly focused on its long-term strategy of supporting profitable growth through targeted expansion in line with its customers’ needs.

“The cooperation with SMFL, a leasing company headquartered in Tokyo, creates an excellent base for offering customized, sustainable technology2use solutions from a single source at local level. As is already the case with the cooperation in the Japanese market, we consider ourselves to be partners of choice, in that we collaborate where a customer’s international needs require it, but otherwise operate independently of one another,” adds Wagner.

SMFL is part of the Sumitomo Mitsui Financial Group (SMFG) and Sumitomo Corporation, two of Japan’s leading companies, and employs a total of 3,900 employees in ten countries. Its business activities include leasing, rental, financing, factoring, and related services.