Indigo Group today has signed an agreement with APCOA to acquire the company’s Belgian subsidiary, APCOA Belgium, including a 50 percent stake in ParcBrux BV — with the remaining 50 percent already owned by Indigo — and a 50 percent stake in Maatschap Parkeren Leuven. Financial terms were not disclosed.
APCOA Belgium operates 36 contracts across four regions in Belgium (Antwerp, Flemish Brabant, Limburg and East Flanders) and generated more than €18 million ($20 million) of revenues in 2023.
APCOA Belgium car parks are mostly located in areas where Indigo Group is already present, facilitating the integration of APCOA Belgium’s operations within Indigo Group organization. In Belgium, Indigo Group operates 240 contracts across 75 cities and generated more than €64 million ($69 million) of revenues in 2023.
The transaction will allow Indigo Group to expand its contracts portfolio with high-quality assets and to consolidate its leadership position in Be
