Indigo Group, the world-leading car parking and individual mobility group, announces today the closing of the acquisition of Spie batignolles concessions parking activities, operated under the Spie Autocité brand, following the fulfillment of conditions precedent.

This acquisition, that is highly complementary to the Group activities, allows it to pursue the development of its long-term concession portfolio and to increase the density of its presence in France by integrating car parks enjoying prime geographical locations especially in Paris and its suburban areas (La Garenne Colombes, Montrouge, Conflans-Sainte-Honorine, Achères), as well as in Lille and Lyon.

In 2018, the parking activities of Spie batignolles concessions generated revenues of around €33 million.
Indigo confirms its positioning as a key partner of municipalities for parking and individual mobility solutions, as well as its solid and profitable growth strategy in countries where it holds a leading position, in the long term and in line with its BBB financial rating by Standard & Poor’s, while pursuing its innovation and quality policy focused on its customers.