The Infra Park Group's shareholders have decided to stop the sale process they launched early 2017. Consequently, the acquisition of an additional 40% stake in LAZ Parking, which was conditional upon a change of control of Infra Park, will not become effective and Infra Park will remain 50% shareholder of LAZ Parking.
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Claire Lise Beaurenault
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About Infra Park
Infra Park (previously named Infra Foch), holding about 100% of Indigo Infra (previously named VINCI Park), is a key global player in car parking and urban mobility, which manages more than 2.2 million parking spaces in 16 different countries. In 2016, Infra Park revenues and EBITDA amounted to €860 million and €305 million respectively (Global Proportionate figures, pre-IFRS 11).
Infra Park is indirectly held at 49.2% by investment funds managed by Ardian, 49.2% by Crédit Agricole Assurances, and the remainder by the employees and management of the Group.