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Saba, serving urban mobility

Saba concludes a deal to purchase the Portuguese concessionaire CPE
In the last 4 years, the company has incorporated more than 105,000 parking spaces and 195 car parks thanks to new contract

CPE is the fourth private car park company in Portugal, with a portfolio of 13 car parks and 2 regulated areas in 9 cities, including Lisbon and Oporto, which together sum a total of 8,100 parking spaces and about 30-year concessional average life. 
Saba closes a deal with Merlin Properties for the sale of its 32% stake in Cilsa
Saba is maintaining growth as its main strategic challenge by promoting identification of new parking activity opportunities

Saba, via CPL, has signed an agreement with Merlin Properties to sell its 32% stake in Cilsa amounting to 50 million Euros. The operation is part of Saba's strategic plan of reordering its portfolio of assets and, at the same time, of growth in car park activity, with significant operations.
The company adapts its business offer to new consumer uses and habits, with new products, and linking them to processes that improve mobility
The company consolidates one of the lines of action of its CSR policy in regard to charitable activities and links with the different territories where it operates
The fourth edition of this initiative offers six innovative experiences based on shopping and connected cars
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