Latest press releases

Date	Content
05/2013	CHG-MERIDIAN does more business abroad than in Germany for the first time For the first time in its history, technology manager CHG-MERIDIAN based in Weingarten, south-west Germany, has originated more leases abroad than in its home market. Of the new leases totaling €191 million that were signed in the first quarter of 2013 (Q1 2012: €195 million), €103 million were originated in the company's 18 international markets. press release
04/2013	CHG-MERIDIAN receives license to operate in Brazil After intensive endeavors, German technology portfolio manager CHG-MERIDIAN (headquartered in Weingarten, southern Germany) has succeeded in obtaining a banking license for South America's biggest and fastest-growing market, Brazil. This clears the way for the company, which now operates in 19 countries, to add Brazilian customers to those whom it offers its full range of technologies and associated financial services. press release
02/2013	CHG-MERIDIAN AG: positive outlook for technology investments in 2013 CHG-MERIDIAN AG, a non-listed portfolio manager specializing in technology finance solutions and headquartered in Weingarten (Baden-Württemberg, Germany), saw its gross profit rise significantly in 2012, despite a decline in new business. Lease originations totaled €804 million (2011: €858 million; a drop of 6.4 percent), which was lower than expected. Although total gross profit advanced by 11.3 percent to €131 million (2011: €118 million), lease originations in the main market, Germany, decreased by 7.6 percent to €413 million (2011: €446 million) despite gross profit going up by 12.1 percent to €90 million (2011: €81 million). press release
11/2012	Third quarter of 2012: CHG-MERIDIAN dampens expectations of another record year Despite the record results achieved in 2011 and despite the generally restrained spending on capital equipment in the technology sector, CHG-MERIDIAN AG, one of Europe's leading non-captive equipment leasing companies, is predicting modest growth for 2012. It remains cautious, however, as to whether its targets for the year will be reached. CHG-MERIDIAN – headquartered in Weingarten, south-west Germany, and represented in 19 countries worldwide – is still falling slightly short of its own projections press release
08/2012	CHG-MERIDIAN AG enlarges its management board and expands its service portfolio Multinational technology-portfolio manager CHG-MERIDIAN based in Weingarten (Baden-Württemberg, Germany) is to enlarge its Board of Management, thereby paving the way for further expansion of the company's technology and service portfolio. From 2013, Peter Horne (57) will further expand the role of the Chief Operating Officer in the company. He has been a member of CHG-MERIDIAN's management board since 1997.  As a new entrant to the company, Frank Kottmann (45) will take on the executive role of Chief Sales Officer for Central Europe. press release
07/2012	Technology portfolio manager CHG-MERIDIAN raises gross profit in Q2 Technology portfolio manager CHG-MERIDIAN, based in Weingarten (Baden-Württemberg, Germany) with operations in 19 countries, has significantly expanded its business in the first half of 2012, particularly in eastern and southern Europe. Although CHG-MERIDIAN’s lease originations totaled €384 million in the first half of 2012, they were down slightly year on year (a fall of 2.5 percent from €394 million in the first half of 2011). However, this was entirely attributable to the volatile central European market – particularly in Germany – and to forward-looking, long-term funding projects. press release
02/2012	CHG-MERIDIAN reports record growth for 2011 CHG-MERIDIAN, a non-listed technology leasing specialist headquartered in Weingarten in southwest Germany, aims to generate in excess of €1 billion from lease originations in 2012. Jürgen Mossakowski, the chairman of the Management Board, announced at the Company's annual press conference in Stuttgart that the sum total of all new leases signed during the record-breaking year of 2011 had surged by 30 percent to €858 million (2010: €661 million). By contrast, the Federation of German Leasing Companies (BDL) reported at the end of 2011 that the German equipment leasing market had grown by only 11.8 percent year on year.   press release
02/2011	CHG-MERIDIAN ends 2010 with strong growth and is seeking strategic partners CHG-MERIDIAN – an IT leasing specialist and IT service provider based in Weingarten in southern Germany – benefited from the global economic recovery in 2010. The volume of lease originations, which represents the total cost of newly acquired leased assets, increased by an impressive 9.82 per cent to €661 million. press release