A Success Story
APCOA stood for 'Airport Parking Corporation of America'. Its origin dates back to the 1960s, when APCOA Inc. was founded in the USA.
APCOA first appeared in Europe in 1970, as an association of parking companies in Germany and Austria. In the 1980s and 1990s, APCOA AG in Germany began to acquire other parking companies throughout Europe and in August 2007 bought the European business of a competitor, Central Parking System. Due to the range of services offered, which were developed to include both on-street and off-street parking, APCOA's business in Europe became completely independent and no longer connected to the USA.
The APCOA Group was acquired by French shareholder Eurazeo in early 2007 for a total sum of EUR 885 million. With the prospect of further expansion throughout Europe, APCOA will continue to be the largest parking company in Europe.
1947
Founding of Airport Parking Corporation Of America Inc. Cleveland,
Ohio, USA as a subsidiary of ITT Corporation, New York, USA
1970
Founding of APCOA Autoparking GmbH, Germany, as a subsidiary of ITT Tochtergesellschaft, SEL, Stuttgart
Founding of APCOA Parking Austria, Vienna
1981
Founding of APCOA Parking (UK), Sunbury-on-Thames
1985
Founding of APCOA Parking Italia, Mantua
1989
Foundation of APCOA Netherlands, Rotterdam
1991
CWB Capital Partners Limited, London (later Doughty Hanson) and members of the group management acquire the APCOA Group in a management buyout.
1994
Foundation of APCOA Holding AG, Stuttgart
1995
Change of company name to APCOA Parking AG and listing on the Frankfurt, Duesseldorf and Stuttgart stock exchanges. 75% of the shares are held by investors in the UK, 7% are held by management, 18% are public.
1997
Acquisition of Rhein-Main-Parkgaragen, Karlsruhe
1998
Foundation of Parkingi Polska, Warszaw as a joint venture with STRABAG AG, Vienna
Acquisition of IPI Antwerpen, later: APCOA Belgium
1999
Acquisition of the EuroPark Group with companies in Norway, Sweden and Denmark
2000
Acquisition of First Management Group, Leeds, UK, of Parkhaus Heidenheim and In Park Berlin.
The company Salamander AG, Kornwestheim, acquires 27.1% of the shares in APCOA Parking AG in April and increases its share in October to 98.5% with a takeover offer.
2002
EnBW AG, Karlsruhe, announces that it holds 98.7% of the shares in APCOA Parking AG through Salamander AG as of 1 April 2002.
Acquisition of 50% of VUP Verkehrs- und Parkraumbewirtschaftung, Stuttgart, from SG Holding AG & Co. KG, Stuttgart
Acquisition of the remaining 49% of Parkingi Polska, Warszaw, from STRABAG AG, Vienna
2003
Foundation of APCOA, Rijeka, Croatia
Withdrawal of admission to trading on the Frankfurt Stock Exchange
2004
On 30 June 2004 Investcorp acquires 98.3% of the shares in APCOA Parking AG from EnBW AG, Karlsruhem via Parking Holdings GmbH, Munich
2005
Founding of APCOA Parking Switzerland, Zurich, together with Emil Frey AG, Zurich
The company Parking Holdings GmbH is renamed to APCOA Parking Holdings GmbH (APHG)
The "Squeeze-Out" becomes effective on 20 May 2005. Investcorp now holds 100% of the shares in APCOA Parking AG through APHG.
Withdrawal of admission to trading on the Duesseldorf and Stuttgart stock exchanges
2006
Acquisition of Perpetum Parking, Gothenburg and renaming to EuroPark Vest
Acquisition of Interpark, Oslo, and takeover of Legal Parkering, Oslo
Acquisition of the remaining 50% of VUP Verkehrs- und Parkraumbewirtschaftung, Stuttgart
Acquisition and takeover of 70% of Mobile-for N.V., Berchem (Antwerpen)
2007
Founding of APCOA Ireland and APCOA Spain
EURAZEO acquires 100% of the shares in APHG from Investcorp.
2014
Successful financial restructuring with majority shareholders Centerbridge Partners
2023
Sale of the entire stake in APCOA Group from Centerbridge and other minor shareholders to SVP (Strategic Value Partners); already our shareholder with 16.4% and taking over the remaining 83.6%.
2024
APCOA Parking Italia S.p.A. becomes APCOA Italia S.p.A.
