Saba is a benchmark industrial operator in the development of solutions in the field of urban mobility, specialising in car park management. With a workforce of more than 1,400 people, the Group operates in five countries in Europe and Latin America and has 195,000 parking spaces in 368 centres.

The company has a combination of assets at various life cycle stages—most are mature and high-margin, helping finance others in developmental stages. This feature places the average life of assets at over 25 years, guaranteeing the company’s future.

Saba’s business model is also based on the privileged geographical location of its assets, excellence in its service quality and commercial approach, in addition to the active introduction of technology, the management of its contracts and an adequate size that facilitates efficiency, competitiveness and internationalisation.

Since its creation in 2011, growth has been Saba’s key strategic challenge. This has allowed the company to overcome adverse economic conditions, creating value for the shareholder. Since 2011 the number of car parks has thus increased by 81% and the number of parking spaces by 43%. This expansion is backed by a solid financial position, with an accumulated investment of more than €540 million for operations such as Adif and Bamsa, and CPE in Portugal.

The company completed its divestment in logistics parks in 2016 as part of its strategic plan to restructure its assets, which will enable Saba to grow with increased capacity in the car park business. These operations, together with the refinancing of the company and the ongoing search for elements to improve its financial structure, give the company resources to face a new stage of growth as well as greater efficiency in this area.

Saba incorporates long-term vision and commitment to the assets it manages and the administrations it works with. The life cycle of the company is the asset portfolio, some owned and in many cases under concession (around 100,000 parking spaces). This is complemented with rental assets and management assets for third parties. However, they all provide public, long-term service. In short, Saba’s vision is industrial.