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GA_P advises Indigo on the acquisition of Parkia
31 of July, 2023
Gómez-Acebo & Pombo has advised the French group Indigo on the acquisition of Parkia in a competitive process.
Indigo is the largest car park operator in Europe and with this transaction it takes a giant step forward in terms of growth in Spain. The group, owned by Predica, Vauban and Meag, currently manages more than 1.4 million parking spaces in 2,600 car parks in nine countries. With the acquisition of Parkia, previously owned by Igneo (First Sentier), it will add 38,000 parking spaces in more than 70 car parks in Spain and Andorra, making it the second largest market player in the Iberian Peninsula by EBITDA. The transaction is subject to CNMC approval.
The deal team, led by David Riopérez, partner of Corporate and Commercial, was formed by Ignacio de la Fuente and Luis Pinedo, associates of Corporate and Commercial, Miguel Troncoso, partner of Competition and Irene Fernández Puyol, partner of Public.
Indigo is the largest car park operator in Europe and with this transaction it takes a giant step forward in terms of growth in Spain. The group, owned by Predica, Vauban and Meag, currently manages more than 1.4 million parking spaces in 2,600 car parks in nine countries. With the acquisition of Parkia, previously owned by Igneo (First Sentier), it will add 38,000 parking spaces in more than 70 car parks in Spain and Andorra, making it the second largest market player in the Iberian Peninsula by EBITDA. The transaction is subject to CNMC approval.
The deal team, led by David Riopérez, partner of Corporate and Commercial, was formed by Ignacio de la Fuente and Luis Pinedo, associates of Corporate and Commercial, Miguel Troncoso, partner of Competition and Irene Fernández Puyol, partner of Public.
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David Riopérez – Partner
Luis Nicolás Pinedo – Associate
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Director of Business Development, Marketing and Communications
Director of Business Development, Marketing and Communications
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Gómez-Acebo & Pombo
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