- Through this acquisition, INDIGO strengthens its position as a global leader and the second-largest operator in our country, marking the group’s most significant operation in the last 20 years
- INDIGO will expand its parking network by over 70 car parks, encompassing more than 38,000 parking spaces managed by Parkia across Spain and Andorra
MADRID, 29th of April 2024.- INDIGO Group, world leader in parking and urban mobility solutions, announces the completion of the Parkia (Parkia Spanish Holding SLU and its subsidiaries) purchase process. The combined entity will operate in a unified manner under the INDIGO brand.
After obtaining approval from the Spanish National Markets and Competition Commission (CNMC), the company has successfully acquired over 70 public car parks and more than 38,000 parking spaces managed by Parkia in Spain and Andorra. Notably, Andorra marks the seventh European country where INDIGO has established its presence, the tenth in the world. This acquisition allows INDIGO to expand its presence in new key regions of Spain, such as Galicia and the Valencia Community.
However, beyond the increase in the number of parking spaces, this operation stands out for reinforcing INDIGO Group as the leading global operator, with more than 2,700 car parks worldwide, and ranking second in Spain, with a portfolio of 167 car parks and more than 185,000 parking spaces. That is why, from the company’s perspective, this acquisition stands as the most important of the group in the last 20 years.
In the words of the managing director of INDIGO Spain, Álvaro Busca Martín-Sanz, “this purchase has great strategic potential for the group. The combination of the stability and long duration of Parkia’s many concession contracts, together with the diversification of INDIGO’s business lines, provides us with ample opportunities for improvement and growth.”
“It is about combining talent and culture, experience and knowledge, ideas and people. For all these reasons, we firmly believe that in the near future we will be the main parking operator in Spain,” concludes Busca.
The agreement has had the support of the group’s shareholders Crédit Agricole Assurances, Vauban Infrastructure Partners and MEAG.
The INDIGO roadmap: achieving neutrality by 2025 with the «GO for climate» plan
INDIGO seeks to provide cities with answers and operational solutions to the political objectives of traffic regulation in major urban centers, and, where appropriate, the management of low-emission zones. In parallel, in 2021 it launched «GO for climate», a climate plan targeting carbon neutrality concerning type 1 and 2 emissions by 2025.
INDIGO’s climate strategy centers around several key initiatives: designing more environmentally sustainable car parks, investing in efficient lighting, promoting the ‘soft mobility’ concept with the increase in bicycle parking, and contributing to the proliferation of electric vehicles. Additionally, they’ve introduced a ‘sustainable procurement guide’ for suppliers to align with the group’s climate policies, thereby managing Scope 3 emissions effectively.
Another of its objectives is to be a key player in the construction of Smart Cities by equipping part of its car parks with an innovative service hub. INDIGO car parks offer a range of supplementary services, including vehicle washing centers, solutions to streamline last-mile delivery, lockers for sending or collecting parcels, carsharing spaces, multi-recycling stations, umbrella lending during rainy days, and vending machines for food and beverages.
About INDIGO
World leader in parking and urban mobility solutions, INDIGO is a French group that employs more than 9,600 people in 10 countries and more than 500 cities. INDIGO is the only international operator that offers all types of parking facilities: public parking, private parking and on-street parking management. The group operates more than 2,700 car parks worldwide (1.4 million spaces) and manages more than 2,200 km of on-street parking. Through the INDIGO Neo App, the group’s digital solution, users can customize their parking experience to align with their preferences and travel patterns.
INDIGO Group, parking, mobility and car parks (group-indigo.com/es)