In 1970, APCOA Autoparking GmbH was founded in Stuttgart, under the German wing of ITT, called SEL. The company then expanded quickly across Europe, entering:
By the mid 1980's, most of the European in-country companies had been divested from ITT, and slowly over the next ten years the management of APCOA Autoparking GmbH began to re-integrate the group under common ownership.
In 1991, venture capital company CWB Capital Partners of London financed a management buyout. The company changed its name to APCOA Holding AG in 1994, and in 1995 changes its name to APCOA Parking AG and floats on the Frankfurt Stock Exchange, with 75% of shares held by UK registered investors. The company now embarks on a period of acquisition, expanding to include locations including: Karlsruhe; Warsaw, Poland; Antwerp, Belgium; and in 1999 Europark in Norway, Sweden and Denmark, a band which APCOA often uses as an alternate to its main brand.
In 1999, Salamander AG of Kornwestheim acquired 27.1% of APCOA Parking AG shares in April, and took complete control from October. The company continued to expand through acquisition, including: the parking subsidiary of UK based First Group. In 2002 EnBW-AG of Karlsruhe buys 98.7% of Salamander AG, to virtually control APCOA Parking AG.
After consolidating various partnerships to 100% ownership, the company continues its development path by expanding into Eastern Europe, entering Rijeka, Croatia in 2003. The company was delisted from the Frankfurst Stock Exchange in 2003.
After a bidding battle with National Car Parks owned by 3i, and Australia's Macquarie Bank; on 19 February, 2007 French based investment company Eurazeo announced the proposed purchase of APCOA Parking AG for €885 million from Investcorp.
UK Contract Awards: APCOA Parking UK Wins 3.4 Million GBP Contract for Parking Enforcement, Car Park Management, Security Services
Aug 18, 2010; WIGAN, United Kingdom, Aug. 17 -- APCOA Parking UK Ltd., Uxbridge, won a 3.4 million GBP (excluding VAT) contract award from...
CAR RENTAL MERGER APPROVED.(European Commission approves merger of Eurazeo SA and APCOA Parking Holdings GmbH)(Brief article)
Apr 24, 2007; On 20 April, the European Commission gave the go-ahead for French investment company Eurazeo SA to acquire APCOA Parking Holdings...