
CAVU, a subsidiary of Manchester Airports Group (MAG) specialising in provision of airport products and services, has acquired Parkos, a European platform for comparing and booking airport parking.
Founded in the Netherlands, Parkos aims to simplify the airport parking process by offering travellers easy-to-use comparison and booking tools, and is partnered with over 1000 parking providers across 15 countries. The acquisition by CAVU will significantly expand the business’ presence in the European airport parking markets and strengthen its offerings with Parkos’ existing partnerships and technological innovations, which will continue to operate under the existing Parkos brand.
The acquisition also marks a significant step forward in the MAG subsidiary’s journey to being the global leader in airport products and services. Martin Jones (pictured), CAVU CEO said:
“We’re thrilled to take this next step in our growth journey with Parkos. The addition of Parkos allows us to accelerate innovation, elevate our services, and reinforce our position as a market leader.”
Arne Bos, Co-founder of Parkos alongside Peter Bosma, added:
“We are confident that through this acquisition, we will realise tremendous synergies in the future and be able to serve our customers even better together. Both companies have the same focus on innovation, customer orientation, and delivering high-quality solutions for travellers.”