Transactions

Indigo Group, a global player in parking and urban mobility, announces today the closing of the Spie batignolles concessions parking division acquisition, operated under the Spie Autocité brand, following the lifting of the conditions precedent.

This acquisition, which has a strong complementarity with the Group’s activities, enables it to continue developing its long-term concession portfolio and to increase its presence in France by integrating parks benefiting from high-quality geographic locations, particularly in Paris and the inner suburbs. (La Garenne Colombes, Montrouge, Conflans-Sainte-Honorine, Achères), as well as in Lille and Lyon.

At the end of December 2018, the parking division of Spie batignolles concessions had a turnover of approximately 33 million euros.

Indigo confirms its positioning as a preferred partner for cities for parking solutions and individual mobility, as well as its strong and profitable growth strategy in the countries in which it holds a leading position, in the long term and in the BBB’s Standard & Poor’s BBB rating is maintained, while pursuing its customer-focused innovation and quality policy.

Deomenos advised the management of Indigo Group for the realization of this operation.