• CHG-MERIDIAN strengthens its presence in the US, the world’s largest leasing and asset financing market
• Acquisition complements existing US customer portfolio and matches the technology focus of CHG-MERIDIAN
• Transaction will support the top and bottom line growth of the CHG-MERIDIAN Group

"Meridian Leasing is a perfect strategic fit for us because our business models, go-to-market approaches and corporate cultures are very similar. This acquisition particularly boosts our commitment to the US market and thus optimally supplements our existing customer portfolio."

“With this deal, we are bringing together what belongs together”, says Wagner. CHG-MERIDIAN and Meridian Group International were not only both founded in 1979, but also share a common history. At the end of the 1990s, the former Computer Handels Gesellschaft (CHG) merged with the German subsidiary of the Meridian Group to form the company known today as CHG-MERIDIAN. Wagner adds: “This common history creates a special bond. We will make the best possible use of our synergies to further strengthen our local business.”

“The acquisition enhances our regional presence in the US and also Canada and enables us to leverage the considerable potential in these markets even more effectively,” comments Wayne Fowkes, CHG-MERIDIAN's Sales Director Americas, on the transaction. “At the same time, we are expanding our local team and deepening our expertise, particularly in the healthcare sector, where Meridian Leasing has a high level of expertise. With the headquarters of Meridian Leasing in Chicago, we are adding a further US location to Los Angeles, where we have been represented as CHG-MERIDIAN since 2009.”