-
our technologies
Smart Technologies
TKH creates Smart Vision, Smart Manufacturing, and Smart Connectivity systems. Software plays an essential role to fully unlock the potential of our integrated technologies.
-
Sustainability
Sustainability
TKH aims to contribute to a sustainable society. This means that every business decision is made not only in the light of its effect on profitability but also its possible consequences for the people…
-
Investors
Investor Relations
TKH's investor relations policy is designed to ensure that actual and potential shareholders, analysts and other financial stakeholders are provided with relevant strategic, financial and other mater…
-
About TKH
About TKH
TKH is a leading Technology Company. We create innovative, client-centric technology systems in high growth markets.
- News
- Corporate Governance
- Career
- Contact
News
TKH sells activities in management and operations of parking facilities
TKH Group NV ("TKH") today announces that it has reached agreement about the sale of its 51% stake in Parking & Protection B.V. ("P&P") to Interparking Netherlands B.V. in Rotterdam. P&P focuses on the management and operations of parking facilities, particularly for hospitals and urban environments. The activities belong to the Building Solutions segment of TKH and are considered non-core, whereas the focus of TKH is on developing advanced own technologies and offering total solutions.
Interparking focuses entirely on the exploitation of parking facilities, with which the growth opportunities for P&P are properly ensured. TKH will further concentrate its activities on providing technology solutions for parking.
The Interparking Group, also part of AG Insurance, AG Real Estate and Canadian Pension Plan Investment Board (CPPIB), operates in 9 European countries with more than 750 car parks and over 350,000 parking spaces.
The transaction will, besides a one-off income, have limited impact on the earnings per share of TKH. In 2015 P&P realized a turnover of € 5.7 million with 31 employees (FTEs).