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APCOA PARKING expands business line, announces name change
Other - DECEMBER 15, 2023

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APCOA PARKING expands business line, announces name change

by Kali Persall

APCOA PARKING has expanded its strategy to focus on four business lines: parking, charging, technology and urban solutions and changed its name to APCOA.

APCOA said these business lines are unique in their combination in the market and complement each other, but the parking segment continues to form the foundation of the business of APCOA.

In terms of the charging business line, APCOA invests in infrastructure for electric cars and operates them as a charge point operator. The company has installed 4,000 charging points in Europe to date, including 3,000 since the beginning of 2023. The company aims to operate a total of 100,000 charging points by 2035. As Europe's leading parking operator, the group manages more than 1.8 million individual parking spaces at 13,000 locations in 13 European countries. The company has more than doubled its portfolio in the last 10 years, and by 2025, APCOA aims to exceed revenues to €1 billion ($1.1 billion).

The technology segm

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