Linklaters Facilitates Integration of Saba into Interparking to Boost Pan-European Urban Mobility

AG Real Estate, AG Insurance, Interparking, and APG have joined forces with CriteriaCaixa to integrate Saba, a leading public car park operator, into Interparking. This move will significantly enhance Interparking Group’s position as a major player in urb

Urban MobilityElectric Vehicle ChargingCrossborder TransactionsLegal AdviceSaba IntegrationReal EstateOct 18, 2024

Linklaters Facilitates Integration of Saba into Interparking to Boost Pan-European Urban Mobility
Real Estate:Linklaters, a leading international law firm, has successfully advised AG Real Estate, AG Insurance, and Interparking in the integration of Saba Infraestructuras into Interparking. This strategic move aligns AG Real Estate, AG Insurance, Interparking, and APG with CriteriaCaixa, aiming to integrate Saba, a prominent public car park operator, into the Interparking Group. The transaction is set to bolster Interparking Group's status as a leading pan-European player in urban mobility, with a strong focus on sustainable solutions and the expansion of electric vehicle charging infrastructure.

Post-integration, the Interparking Group will oversee an extensive network of over 2,000 car parks, boasting nearly 800,000 parking spaces and almost 8,000 electric charging points across 16 European countries. Despite the merger, Interparking and Saba will maintain their local commercial brands, ensuring a smooth transition and continued operational excellence.

Linklaters provided comprehensive legal advice across various domains, including Real Estate Law, Corporate Law, Competition Law, Employment Law, and Tax Law. This underscores the firm’s capability to manage complex, cross-border transactions. The core team was led by Yves Moreau and Viktor Pokorny, and included key members such as Matthieu Possoz, Liliane Gam, Valentine Cordier, Jihane Mirode, Kélian Rask, and Laura Vervier. The team also benefited from the expertise of colleagues from other offices, including Alejandro Meca, José María Lopez, and Carlos Olmedo from Spain, Elisa Volante from Italy, and Yuxin Weirich from Germany.

This integration represents a significant step forward in the Interparking Group’s commitment to sustainable urban mobility. By incorporating Saba’s robust infrastructure and operational expertise, the group is well-positioned to lead the way in providing innovative and eco-friendly solutions for urban transportation needs.

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Frequently Asked Questions

What is the main goal of integrating Saba into Interparking?

The main goal of integrating Saba into Interparking is to enhance Interparking Group’s position as a major pan-European player in urban mobility, with a strong focus on sustainable solutions and the expansion of electric vehicle charging infrastructure.

How many parking spaces and electric charging points will Interparking manage post-integration?

Post-integration, Interparking Group will manage over 2,000 car parks, with nearly 800,000 parking spaces and almost 8,000 electric charging points across 16 European countries.

Which law firm provided legal advice for the integration?

Linklaters, a leading international law firm, provided the legal advice for the integration of Saba into Interparking.

Who are the key members of the Linklaters team that led the legal advice?

The core team was led by Yves Moreau and Viktor Pokorny, and included key members such as Matthieu Possoz, Liliane Gam, Valentine Cordier, Jihane Mirode, Kélian Rask, and Laura Vervier.

Will Interparking and Saba continue to operate under their local commercial brands?

Yes, despite the integration, Interparking and Saba will continue to operate under their local commercial brands, ensuring a smooth transition and continued operational excellence.

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