Spie Batignolles concessions, subsidiary of the group Spie Batignolles, engages in Public Service Delegation contracts for car parks and aquatic centers.
Autocité, the car parks branch brand, manages 29 car parks in the Paris Area, Lille and Lyon, for a total of c. 20,000 parking spots. Contracts last between 3 and 45 years, depending mainly on the amount of renovation/construction works to be done, with an average of 20 years. Revenue stands at circa EUR 3 million.
Indigo, a worldwide key player in parking services, is acquiring Spie batignolles concessions’ car parks activities, Autocité. Wagram Corporate Finance served as exclusive financial advisor to Spie Batignolles on this transaction.