parking facilities operator . for the acquired us parking facilities operator see airport parking company of america . apcoa parking type private industry car parks founded 1949 1949 in cleveland ohio usa founders howard metzenbaum and ted bonda area served 15 countries worldwide website www.apcoa.com apcoa parking ag is europe s longest established full service parking management company . 1 it manages over 860 000 parking spaces across 15 countries and employs approximately 4 500 people . citation needed it is headquartered at stuttgart airport in germany . citation needed contents 1 history 2 current operations 3 notes 4 references 5 external links history edit in 1949 howard metzenbaum and ted bonda founded apcoa as the airport parking company of america inc. in cleveland ohio . in 1966 the company was acquired by the itt corporation and was made into a division of itt . 2 3 in 1970 apcoa autoparking gmbh was founded in stuttgart 4 under the german wing of itt called sel . the company then expanded across europe entering 2 vienna capital of austria in 1970 ; sunbury on thames england in 1981 ; note 1 mantua italy in 1985 ; and rotterdam netherlands in 1989 . by the mid 1980s most of the european in country subsidiaries had been divested from itt and slowly over the next ten years the management of apcoa autoparking gmbh began to re integrate the group under common ownership . 1 the us operations of apcoa were purchased from itt corporation through a management buyout in 1975 and eventually merged with standard parking in 1998 . citation needed in 1991 venture capital company cwb capital partners of london financed a management buyout . the company changed its name to apcoa holding ag in 1994 and again to apcoa parking ag in 1995 . it trades on the frankfurt stock exchange with 75 % of shares held by uk registered investors . 2 in april 1999 salamander ag of kornwestheim acquired 27.1 % of apcoa parking ag shares and took complete control in october of that year . the company continued to expand through acquisition including the parking subsidiary of uk based firstgroup . in 2002 enbw ag of karlsruhe purchased 98.7 % of salamander ag to virtually control apcoa parking ag . 2 after consolidating various partnerships to 100 % ownership clarification needed the company continued its expansion into eastern europe entering rijeka croatia in 2003 . the company was delisted from the frankfurt stock exchange in 2003 . 2 current operations edit on june 30 2004 investcorp acquired 98.3 % of apcoa parking ag shares from enbw ag through its vehicle parking holdings gmbh for 265 million including debt . 4 in 2005 the company entered switzerland and changed the name of parking holdings gmbh to apcoa parking holdings gmbh aphg . after a bidding battle with national car parks owned by 3i and australia s macquarie bank ; 4 on 19 february 2007 french based investment company eurazeo announced the proposed purchase of apcoa parking ag for 885 million from investcorp . 6 apcoa is presently the market leading provider of car parking by number of spaces managed in germany 225 000 spaces norway 96 900 denmark 61 900 austria 48 100 italy 42 400 and poland 12 600 . 6 notes edit latterly clarification needed won the first open local authority tender for on street enforcement services in the city of westminster and provide the uk s first whole of borough parking solution to southwark council from car park to local street . 5 references edit a b apcoa at sovereign publications archived november 25 2007 at the wayback machine . a b c d e apcoa company history archived july 7 2011 at the wayback machine . history of holberg industries inc. fundinguniverse . fundinguniverse.com . a b c eurazeo buys into european car parks the times february 19 2007 apcoa british parking awards winner 2006 archived october 25 2007 at the wayback machine . a b eurazeo to purchase apcoa archived october 25 2007 at the wayback machine . external links edit official website wikimedia commons has media related to carpark . retrieved from https en.wikipedia.org w index.php title apcoa parking & oldid 742031858 categories companies established in 1949companies based in stuttgartcompanies formerly listed on the frankfurt stock exchangeparking companies1949 establishments in ohiohidden categories wikipedia articles needing clarification from january 2015articles with wayback machine linksall articles with unsourced statementsarticles with unsourced statements from january 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages deutschnorsk bokm l edit links this page was last modified on 1 october 2016 at 07 29 . text is available under the creative commons attribution sharealike license ; 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