Indigo Group completes the acquisition of APCOA Belgium

Indigo Group has announced the completion of the acquisition of 100% of APCOA Belgium NV. This acquisition includes 50% of ParcBrux BV and 50% of Maatschap Parkeren Leuven, while Indigo already owns the other 50% of ParcBrux BV.

APCOA Belgium, operating 36 contracts in four Belgian regions, generated more than €18 million in revenues in 2023. The integration of APCOA's assets will enable Indigo to create significant synergies and strengthen its leading position, with already 240 contracts in 75 cities generating more than 64 million euros in revenue last year.

Sébastien Fraisse, Chairman of the Board of Directors of Indigo Group, states that this transaction is perfectly aligned with the group's strategy, facilitating rapid integration and increased operational excellence. Indigo will thus be able to intensify its presence in the parking and security markets. charging electric vehicles in Belgium.

Bert Pijls, Executive Chairman of APCOA, emphasizes that the acquisition is mutually beneficial, allowing APCOA to refocus its resources on more strategic markets.