INDIGO Group has acquired APCOA Belgium NV, enhancing its presence in the Belgian parking market and strengthening its strategic position in urban mobility solutions.
Information on the Target
INDIGO Group has recently signed an agreement to acquire APCOA Holdings GmbH's Belgian subsidiary, APCOA Belgium NV. This acquisition includes APCOA Belgium's 50% stake in ParcBrux BV, enhancing INDIGO's existing ownership, which already held the remaining 50%. Furthermore, it also encompasses a 50% interest in Maatschap Parkeren Leuven.
APCOA Belgium operates 36 contracts across key regions in Belgium, including Antwerp, Flemish Brabant, Limburg, and East Flanders. In 2023, the subsidiary generated revenues exceeding €18 million, demonstrating its significant presence in the local parking market.
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Industry Overview in Belgium
The parking and urban mobility industry in Belgium is experiencing notable growth due to rising urbanization and the consequent demand for effective mobilit
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INDIGO Group
invested in
APCOA Belgium NV
in 2024
in a Other deal
Disclosed details
Revenue: $20M