Interparking and Saba become one: a strategic alliance effective on October 1st
Brussels/Amsterdam/Barcelona - After reaching an agreement on 16 October 2024 and obtaining antitrust clearance, Interparking, AG (through its real estate subsidiary AG Real Estate), APG Asset Management and CriteriaCaixa are pleased to announce the finalization of the integration of Saba by Interparking, effective as of this 1st October. AG will remain the majority and controlling shareholder of the combined entity, alongside APG Asset Management and CriteriaCaixa.
By joining forces with Saba, the Interparking Group capitalizes on both companies’ forces and positions itself as a leading pan-European player, allowing to take full advantage of future urban mobility trends and deploying electrical charging solutions for electric vehicles across Europe.
As of today, the Interparking Group manages over 2,000 car parks across 600 cities in 16 European countries, offering nearly 800,000 parking spaces and close to 8,000 electric charging points. Interparking Group will remain headquartered in Belgium, with a regional hub located in Barcelona.
Long-term vision and ambitions
The Interparking Group will continue its strategy focused on service quality, digital transformation, and sustainable urban mobility. Thanks to complementary networks and expertise, the Group is ideally positioned to seize growth opportunities and support cities, partners, and users in their evolving needs. The expansion of the electric charging network and the integration of digital solutions will further enhance the customer experience and the Group’s positive environmental impact.
Roland Cracco, CEO of Interparking Group: "This strategic alliance between Interparking and Saba marks a turning point for urban mobility in Europe. By combining our expertise, international reach, and shared values, we are building a more connected, efficient, and customer-focused parking network. Together, we will accelerate innovation, expand sustainable solutions, and support the evolving needs of cities and citizens across Europe. As we say in Belgium: ‘Unity is strength’ and in Spain: ‘Plus Ultra’. Let’s keep moving forward together."
Heidi Delobelle, CEO of AG: “I am very happy that we have received all the necessary approvals for the Interparking-Saba deal. Interparking Group, with its headquarters in Brussels, significantly strengthens its position as a European parking facilities operator through this transaction. This perfectly aligns with our strategy to manage and invest the premium income we receive from our policyholders with due diligence, through a diversified investment strategy, with a focus on long-term and stable performance.”
Serge Fautré, CEO of AG Real Estate and Chairman of Interparking: “This is the start of an exciting new chapter for Interparking, which is now on track to become a leading car park operator and owner in Europe, with a mission to provide excellent parking facilities while collaborating with numerous public authorities across the continent. This endeavor is supported by a robust group of investors, including our own group, which maintains control, APG Asset Management, and our new partner, CriteriaCaixa. We are confident that this collaboration will bring significant value and innovation to our operations.”
Arjan Reinders, Head of Infrastructure Europe at APG Asset Management: “We are excited to further strengthen our commitment to Interparking, together with our co-shareholders, with the combination of Interparking and Saba to create a top-tier European parking and mobility platform. The partnership between Interparking and Saba represents a pivotal moment in shaping the future of urban mobility across Europe. We see the combination of Interparking and Saba as key to future-proofing our assets by investing in innovative technologies that will shape the future of urban mobility, ensuring that our portfolio continues to evolve with the changing needs of cities and communities. As we grow this business, we remain focused on ensuring our assets contribute both to financial success and to creating a better world for future generations.”
José María Méndez, Managing Director of CriteriaCaixa, stated his "satisfaction with the completion of the transaction, which will give CriteriaCaixa a significant stake in the leading pan-European car park operator. Together with AG and APG Asset Management, we will work to continue boosting the project with a long-term vision, thereby strengthening the European industry in a strategic sector for the economy such as infrastructure management for mobility."
Lars Vervoort
Laurence Gijs
About Interparking
Interparking designs, builds, manages and maintains high quality parking facilities throughout Europe since 1958. Headquartered in Belgium, the company employs over 2,100 people and manages 1,019 parking sites with approximately 435,800 parking spaces in 406 cities and 10 countries. These include Belgium, the Netherlands, Spain, France, Italy, Poland and Romania. Interparking also manages car parks in Germany and Austria under the brand name Contipark. Interparking is a “Taking Climate Action” certified organization (previously known as CO2 neutral).
For more information, visit www.interparking.com
About Saba Infraestructuras
Saba Infraestructuras is a Spanish company specializing in the management and operation of parking facilities across Europe and Latin America. Founded in 1966, the company operates over 350,000 parking spaces across nine countries, including Spain, Italy, Portugal, Chile, and Andorra. With focus in strategic locations, Saba owns a large network of car parks located in the most relevant city centers, transportation hubs, hospitals and commercial areas. With a strategic focus on expansion and operational efficiency, Saba aims to positively impact urban mobility and contribute to the communities it serves.
For more information, visit https://www.sabagroup.com/
About AG
AG is a major player in the Belgian insurance market in Life and Non-Life. To better tailor its offer to fulfil different customer needs, AG has a multi-channel distribution strategy that includes independent brokers and bank branches (BNP Paribas Fortis) and collaboration with large corporate clients and sectors for their group insurance. AG employs over 4,400 specialised staff members.
For more information, visit www.ag.be
About AG Real Estate
AG Real Estate, a wholly-owned subsidiary of AG Insurance, is an integrated property operator active in Belgium, France, Luxembourg and on certain select European markets with expertise in Office, Retail, Logistics and Residential investment/development, PPP and real estate financing, as well as Car Park Management through its subsidiary Interparking and Nursing homes via its wholly-owned subsidiary Anima. A company active in urban real estate, AG Real Estate has more than 250 employees with varied profiles and areas of expertise. With a portfolio of more than €6.5 billion under management for its own account and on behalf of third parties, AG Real Estate is endeavouring to provide a responsible response to new urban needs and to implement a sustainable development policy as to make its projects even more meaningful.
For more information, visit www.agrealestate.eu
About APG
As the largest pension services provider in the Netherlands APG manages approximately €590 billion (June 2025) in pension assets for 4.6 million participants. APG provides executive consultancy, asset management, pension administration and pension communication. With approximately 4,000 employees we work from Heerlen, Amsterdam, Brussels, New York, Hong Kong and Singapore. We work for pension funds and employers in the sectors of education, government, construction, cleaning, housing associations, sheltered employment organizations, medical specialists, and architects.
For more information, visit www.apg.nl
About CriteriaCaixa
CriteriaCaixa is the holding company of “la Caixa” Foundation that manages its business assets. Its priority is to provide the economic resources that allow the foundation to continue pursuing social action, year after year contributing to the development of a society that gives more opportunities to those who most need them and increasing the foundation's equity through value generation. As the first investment holding company in Spain and one of the first in Europe, CriteriaCaixa manages a portfolio of more than €30 billion that combines relevant shareholdings in strategic sectors with a growing diversified investment portfolio, ensuring the recurring flow of dividends.
For more information, visit www.criteriacaixa.com