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| Vinci Park continues expansion in the United States Three months after acquiring a 50% interest in LAZ Parking (operator of 225,000 car park spaces in 77 towns), Vinci Park is continuing to expand in the United States by starting up operations in the south and west of the country. The two latest developments, carried out through LAZ Parking, were: – The acquisition of Sunset Parking Services, which was founded in San Diego, California. Operating in Orange County, Los Angeles and San Diego since 1981, the company manages almost 11, 700 spaces in 140 car parks. It has 500 employees and generated revenue of $18.5 million in 2007. – The acquisition of a series of commercial leases and management contracts covering 15 car park facilities and about 80 off-street car parks, representing a total of over 15,000 spaces in Texas and New Mexico, mainly in Dallas, Austin, Houston and San Antonio. write your comments about the article :: © 2008 Construction News :: home page |