Mergers and buyouts drive a buoyant European parking market

Business appears to be booming, but the future is less certain, says S&P Global Ratings

Over the last year four of the largest car park operators – APCOA, Empark, Indigo-Infra Park and NCP – have been put up for sale

Over the last year four of the largest car park operators – APCOA, Empark, Indigo-Infra Park and NCP – have been put up for sale

Europe’s car parking infrastructure is undergoing significant growth. In the past year, four of the largest operators have been put up for sale, while mergers and acquisitions activities are commanding high prices.

These are core observations by credit ratings agency S&P Global Ratings in a new report on the sector’s growth potential. However, the ratings agency’s report concludes that, while the current flurry of deals seems promising, the future looks far less certain...

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