APCOA was an abbreviation for Airport Parking Corporation of America. The origins go back some 60 years to when APCOA Inc was founded in the USA.
APCOA first appeared in Europe in 1970 as an associate parking company in Germany and Austria. In the 1980s and 1990s, APCOA AG in Germany began acquiring parking companies across Europe, and in August 2007 it purchased the European business of a competitor, Central Parking System. As the range of services on offer developed to include on and off street parking, the APCOA businesses in Europe became fully independent and no longer linked with the USA.
The APCOA Group was purchased by the French investment company Eurazeo in early 2007 for the sum of €885 million. With plans to further expand the company across Europe, APCOA will continue to be Europe’s largest parking organisation.
1947
Foundation of the Airport Parking Corporation Of America Inc. Cleveland,
Ohio, USA as subsidiary of the ITT Corporation, New York, USA
1970
Foundation of APCOA Autoparking GmbH, Germany, as subsidiary ITT Tochtergesellschaft, SEL, Stuttgart
Foundation of APCOA Parking Austria, Vienna
1981
Foundation of APCOA Parking (UK), Sunbury-on-Thames
1985
Foundation of APCOA Parking Italy, Mantova
1989
Foundation of APCOA Netherlands, Rotterdam
1991
CWB Capital Partners Limited, London (later Doughty Hanson) and members of the management buy the APCOA group within a management-buy-out
1994
Foundation of the APCOA Holding AG, Stuttgart
1995
Change of the company name to APCOA Parking AG and listing on the stock exchange in Frankfurt, Duesseldorf and Stuttgart. 75% of the stock is hold by investors in UK, 7% are hold by the management, 18% are public float.
1997
Aquisition of Rhein-Main-Parkgaragen, Karlsruhe
1998
Foundatiojn of Parkingi Polska, Warszaw asjoint-venture with the STRABAG AG, Vienna
Aquisition of IPI Antwerpen, later: APCOA Belgium
1999
Aquisition of the EuroPark group with companies in Norway, Sweden and Denmark
2000
Aquisition of the First Management Group, Leeds, UK, of the Parkhaus Heidenheim and In Park Berlin
The company Salamander AG, Kornwestheim, aquires 27,1% share of the APCOA Parking AG stocks in April and increases it's share in October to 98,5% within a publik takeover bid.
2002
The company EnBW AG, Karlsruhe, announces that it holds 98,7% of the APCOA Parking AG shares via the Salamander AG due date of 1. April 2002
Aquisition of 50% of the VUP Verkehrs- und Parkraumbewirtschaftung, Stuttgart, from the SG Holding AG & Co. KG, Stuttgart
Takeover of the remaining 49%of the Parkingi Polska, Warszaw, from STRABAG AG, Vienna
2003
Foundation of APCOA, Rijeka, Croatia
Revokation of admission to stock exchange trading at the Frankfurt stock exchange
2004
At 06/30/2004 Investcorp aquires 98,3% of the shares of APCOA Parking AG from the EnBW AG, Karlsruhem via the Parking Holdings GmbH, Munich
2005
Foundation of APCOA Parking Switzerland, Zurich, together with the Emil Frey AG, Zurich
The company Parking Holdings GmbH is renamed to APCOA Parking Holdings GmbH (APHG)
The „Squeeze-Out“ becomes effective on 20. Mai 2005. Investcorp now holds 100% shares of the APCOA Parking AG via the APHG.
Revokation of admission to stock exchange trading at the Duesseldorf and Stuttgart stock exchanges
2006
Aquisition of the Perpetum Parking, Goeteborg and renaming in EuroPark Vest
Aquisition of Interpark, Oslo, und takeover of the contracts for Legal Parkering, Oslo
Aquisition of the remaining 50% of the VUP Verkehrs- und Parkraumbewirtschaftung, Stuttgart
Aquisition and takeover of 70% of the Mobile-for N.V., Berchem (Antwerpen)
2007
Foundation of APCOA Ireland and Spain
EURAZEO aquires 100% of the shares of the APHG from Investcorp.
2014
Successful financial restructuring with majority shareholder Centerbridge Partners
