Oct 19, 2012

CSI Leasing Expands in Asia

CSI Leasing, Inc. (CSI), a global equipment leasing company headquartered in St. Louis, Mo., has expanded its operations in Asia by acquiring two leasing companies from Key Equipment Finance (“KEF”) in Hong Kong and Australia as well as all leasing assets in Singapore, Malaysia and New Zealand. These acquisitions complement CSI’s existing operations in Malaysia, Singapore and Hong Kong and will allow for expansion of its leasing services to Australia and New Zealand. The companies will now operate as CSI Leasing (Singapore) Pte. Ltd., CSI Leasing Malaysia Sdn. Bhd, CSI Leasing Australia Pty Ltd. and CSI Leasing (HK) Ltd. Some KEF employees will join CSI from Australia, Malaysia and Hong Kong. CSI now leases in 38 countries worldwide.

“This further broadens our ability to deliver global one-stop shopping solutions to our multinational clients and vendor relationships. Additionally, we will provide continuity to KEF’s base of excellent end-user direct accounts as well as vendor accounts in this region,” says Arnaldo Rodriguez, president – international division of CSI Leasing.

“Asia is the fastest growing market for CSI Leasing and we are very excited about expanding our flexible and custom leasing services to this region,” says Tom Brown, senior vice president and regional director of Asia Pacific, based in Singapore.

With $1.4 billion in leased assets and more than 760 employees, CSI Leasing is one of the largest privately-held independent equipment leasing specialists in the world. Established in 1972, CSI has operations throughout North, Central and South America, Europe and Asia Pacific. More information is available at www.csileasing.com.