Parking Network is the leading online platform for Parking Professionals worldwide

What else is on Parking Network?

What is Parking Network?

VINCI Park doubles UK operation with Meteor acquisition

VINCI Park has acquired Meteor Parking from the Go-Ahead Group, in a move which will double the specialist parking operators size. 
The deal for 100% of Meteors shares will see VINCI Park take control of an additional 40,000 car parking spaces. Meteor has operations at hospitals, train stations and retail outlets across the country. It also manages airport parking and bussing operations at a number of airports.

Meteors portfolio of contracts will complement VINCI Park s already extensive list of clients and add to a portfolio which also includes hospital trusts, PFI consortia, property companies and local authorities.

The acquisition will also see VINCI Park make its first moves in to valet parking in the through the Meteor Meet and Greet service.   

Supported by the VINCI Group, one of VINCI Park CEO Mark Evans strategies is to buy businesses which expand its geographical and product reach.

The Meteor deal comes just over a year after the company acquired Karspace Management; which strengthens its position in the hospital and local authority sectors.

VINCI Park CEO Mark Evans says: This deal shows how serious we are about expanding both the range and scope of our business. Meteors award winning approach fits perfectly with VINCI Park Services culture of putting clients and customers first.

Comments

There are no comments yet for this item

Join the discussion

You can only add a comment when you are logged in. Click here to login