INDIGO Becomes the Parking Leader in Brazil With the Acquisition of PareBem

INDIGO Group , world leader in parking and mobility, continues its growth strategy in its core business in Brazil. Thanks to the merger between Indigo Brazil, number 2 in the parking market in Brazil, and PareBem, number 3, Indigo Group has become one of the main operators in the country. The Group is thus enriching its portfolio of long-term contracts and expanding its geographic presence, particularly in Sao Paulo, Porto Alegre, Rio de Janeiro, Fortaleza and Curitiba. It also incorporates on-street parking services.

The new entity, which operates under the INDIGO brand, operates 372 car parks in shopping centres, airports, stadiums, arenas, parks, universities and hospitals, i.e. 160,000 parking spaces, on and off-street, in 97 cities across the country, with more than 4,200 employees.

“With this operation, INDIGO is strengthening its position in the Brazilian market, which is very promising in the individual mobility business. This merger will enable us to further accelerate on quality, technology, innovation and the customer experience which are the strength of the group ”, says Serge Clémente, President of INDIGO Group. “We are thus strengthening our commitment to operational excellence and optimization by creating significant synergies, with the ambition of promoting new services within parking infrastructures to support our customers towards “smart mobility” ”, adds- he.

"Our new perimeter will favor the continuation of our action as agents of transformation of the urban mobility of our country", adds Thiago Piovesan, who remains CEO of Indigo Brazil while Marcelo Nunes, CEO of PareBem, becomes Vice President. -President. “Car parks can provide major resources for smarter, more connected and sustainable cities. We stimulate more dynamic public spaces and mobility in urban centers,” he concludes.

This reinforcement operation in Brazil is part of the strategy of rebalancing the Group's geographic portfolio of activities. INDIGO aims for long-term, solid and profitable growth in the countries where it occupies a significant position. This strategy, which favors markets based on the operation of fully owned infrastructures, led it to recently cease its activities in the United States and China.

About Indigo Group

World leader in parking and individual mobility, serving the Smart Cities of tomorrow. The activities of the Indigo Group bring together several professions: car parks and associated services, roads, individual mobility, digital.

Indigo builds, finances and operates personalized and ever smarter parking solutions that promote a more integrated, smoother, easier customer journey.