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Indigo Group Signs Agreement to Acquire APCOA Belgium
Indigo Group has announced it will acquire APCOA Belgium NV, including a 50% stake in ParcBrux BV and Maatschap Parkeren Leuven. APCOA Belgium operates 36 contracts across four Belgian regions and generated €18 million in 2023.
This acquisition aligns with Indigo's presence in Belgium, facilitating integration and creating synergies. Indigo operates 240 contracts across 75 cities, with €64 million in revenues in 2023. The acquisition enhances Indigo's contract portfolio and strengthens its leadership in Belgium.
Sébastien Fraisse, President of the Indigo executive board, states the acquisition aligns with Indigo's strategy and commitment to urban mobility. Bert Pijls, Executive Chair of APCOA, highlights the benefits for both companies including resource reallocation.
Completion is expected by end of July 2024, subject to customary conditions.
R. E.
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