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| Vinci Park becomes second biggest car park operator in Canada Vinci Park has acquired Ideal Parking, which operates almost 53,000 parking spaces in Canada. Ideal Parking's portfolio consists of more than 150 contracts and one freehold car park. Ideal Parking has business activities in both the east of the country (Montreal, Ottawa and Toronto) and the west (Calgary and Vancouver). These strengthen Vinci Park's leadership position in the east and give it a significant market position in the west. This strategic acquisition makes Vinci Park the second biggest car park operator in Canada, increasing the number of spaces it manages from 70,000 to over 120,000 and extending its coverage in the main cities of the country's most dynamic provinces and business centres. In 2007, Ideal Parking's revenue exceeded C$40 million (approximately €28 million). write your comments about the article :: © 2008 Construction News :: home page |