Advising Transdev Group and Covivio on the sale to Indigo Group of their off-street parking activities
De Pardieu Brocas Maffei has advised Transdev Group and Covivio on the signature of agreements for the sale to Indigo Group, the world-leading car parking and individual mobility group, firstly the off-street parking activities of Transdev Group (managed through its subsidiaryTransdev Park) with approximately 50 car parks, and secondly the parking concessions and long-term leases portfolio of Covivio (10 car parks).
Furthermore, to address the upcoming challenges of urban mobility Indigo Group and Transdev, world-class players respectively in the car parking and in the transport markets, signed a partnership to join their respective expertise in combined transport and parking tenders as well as to provide other services to MaaS (Mobility As A Service) projects led by local authorities.
The closings of these transactions,which are subject to usual conditions, are expected late 2021/early 2022.
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