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During 2022, Orbility Group Took a Controlling Stake in SIEPARK, a Key Player in the Car Park Management Systems Market in Spain

- Spain
Orbility Group Took a Controlling Stake in SIEPARK

SIEPARK, which has now become SIEPARK by Orbility, with its head office in Malaga has worked with the Orbility group for several years as exclusive distributor for the whole of Spain. During these years of close collaboration, both companies expanded their presence across Spain and became essential stakeholders on the Iberian market. This positive momentum has allowed them to sign significant contracts with such important clients as the public transport operator EMT in Madrid.

This new stake, following a significant takeover in Canada in 2020, is in line with the strategy of the Orbility Group to expand beyond the French borders, notably by acquiring local players and strengthening its positions in international markets. Leveraging the innovative capabilities and quality of services of the Orbility Group, SIEPARK by Orbility will be focused on speeding up its growth throughout Spain and further bolstering the Orbility CODEX range.

Mr. Francisco Andrade, founder of SIEPARK, along with all employees will be joining the Orbility Group. Mr. Andrade will become Managing Director of SIEPARK by Orbility and continue to manage the company under the responsibility of Mr. Yves Schoen, new CEO of Orbility Group.

We would like to wish them all a very warm welcome.

The Orbility Group is a leader in the supply and provision of automated car park management systems. It is present in more than 30 countries through its own entities (France, UK, USA, Canada and Spain) as well as its network of partners and distributors.

Founded in 2018 but benefitting from a vast experience in car park management systems, the Orbility Group is an entrepreneurial company supported by the Andera MidCap team from Andera Partners, aiming at becoming a key player in urban mobility in France and across the world.

About Orbilityorbility

With 50 years of experience and after operating under various well know flags such as Ascom or ACS, Orbility is a world leader in innovative Parking Management Systems. Whatever the size and scope of your project, we have the expertise to ensure that installation is on time and within budget. We supply our solutions to a diverse range of customers around the world (airports, shopping centers, airports, municipalities, public and private operators). From the busiest airports and largest hospitals to smaller, more local off-street services, we can tailor the solution for you.

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