GESTAMP

Gestamp is an international group dedicated to the design, development and manufacture of metal automotive components. The Group specialises in developing innovatively designed products to achieve increasingly safer and lighter vehicles, thereby reducing energy consumption and environmental impact.

Originally Volkswagen imported the steel ladder chassis for the Volkswagen Amarok to Hannover from their plant in Argentina. However, due to logistical expense, Volkswagen was looking for a partner in Germany, which they decided would be Gestamp. This required Gestamp to invest in a brand new production facility that is to be used exclusively for this order and is equipped with welding and assembly robots.

Because the factory building already existed, Gestamp’s role was to plan the facility within the available floor space. CHG-MERIDIAN not only provided the finance for the new production facility but also provided support at every stage of the process including the planning, development, construction and start-up of the production line. This is because CHG-MERIDIAN is a genuine project partner that provides customers with professional advice throughout the lifecycle of the industrial plant, from the initial idea for the project to the dismantling of the plant after use. CHG’s solution was to develop a comprehensive lease model for industrial robots and automation systems based on the pay-on-production principle. This allowed Gestamp to align its capital expenditure with the planned income from the order. The advantages of this solution include transparency and complete control over costs.