APCOA PARKING Norway has acquired Security Park / Profectum

03/10/2021

APCOA Parking has completed a successful acquisition of the parking company Security Park / Profectum. The company has developed advanced parking solutions, including its own ANPR technology. APCOA, has won the European Innovation Award for its app and parking technology. The companies have overlapping future plans and growth ambitions, and the acquisition means that together we can deliver the market's best and most innovative parking solutions.

- We are very pleased that APCOA is buying Security Park / Profectum. It is a solid company with a leading position within development of seamless customer journeys and has established parking concepts in all sectors. We have great confidence that we together will continue a good relationships with all our clients, says Vegard Lunde, CEO of Security Park.

“Furthermore, we are pleased that our skilled employees are entering a future-oriented company that both takes good care of the employees and is much into competence building and innovation," says Lunde.

- Digitization and streamlining mean that parking is changing. With the best of both worlds, we will be able to contribute to even better customer journeys, as well as increase efficiency significantly, with less time in the cars and correspondingly more time in the parking areas. We look forward to having great employees on the APCOA team, and together see how we with a common solution can continue to deliver high quality and innovative parking technology to an even greater degree, says Rune Feltman, CEO of APCOA.

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