Pursuant to the strategy announced in March 2018 consisting in taking part in market
consolidation in countries where the Group could obtain a leading or co-leading position,
Indigo Group, the world-leading car parking and individual mobility group, today concluded
the sale of its subsidiaries in the UK, Germany, Czech Republic and Slovakia to SABA
Infraestructuras. The sale of shares in subsidiaries in the United Kingdom, Germany and
Slovakia was closed today, whilst the sale of the Czech Republic will be completed in a few
weeks. All four countries combined accounted for less than 6% of 2017 EBITDA of the Group.
The sale reflects Indigo\u2019s strategy to focus on priority markets in which it holds a leading
position or sees opportunity to become a major operator.<\/p>\n\r\n\n
Serge Clemente, Chief Executive Officer of Indigo Group, said: \u201cThis transaction is a stepchange
for Indigo, and it clearly demonstrates how we will continue to grow the business.
Our plan to focus on attractive markets which we can lead, or co-lead is a key part of our
long-term strategic plan. This will underpin our position as a leading player in individual
mobility globally.\u201d<\/p>\n\r\n\n
The successful implementation of this strategy was also highlighted in June 2018 when
Indigo Group acquired Besix Park NV, a major player in the Belgian parking market, giving
Indigo a leading position in this country in terms of parking spaces operated.
Indigo Group has a leading position in all the regions in which it operates. In Europe, Indigo
Group has a strong presence across France, Belgium, Spain, Switzerland and Luxembourg.
In North America, the Group continues to build on its leading presence in both the US and
Canada, and large networks in Brazil, Colombia and Panama in South America. In the
meantime, the Group pursues discussions with potentials partners to expand into Asian
markets.<\/p>\n\r\n\n
Serge Clemente added: \u201cIndigo continues to be at the heart of how individual mobility
evolves, both through our constantly evolving parking networks and our digital mobility
services. Our businesses combine to make us a key partner for cities across the globe. This
will continue to be the case as cities optimize for how their citizens will get around, both
now and in the future.\u201d<\/p>\n\r\n\n