Skip to main content

Lödige Industries acquires automated car parking system company

Lödige Industries has acquired Dutch manufacturer 5BY2 to expand its portfolio of automated car parking solutions. Kamiel Koot, majority shareholder of 5BY2, says the partnership will address the growing demand for space saving car parking systems that are user friendly and efficient.
July 9, 2018 Read time: 1 min
Lödige Industries has acquired Dutch manufacturer 5BY2 to expand its portfolio of automated car parking solutions.


Kamiel Koot, majority shareholder of 5BY2, says the partnership will address the growing demand for space saving car parking systems that are user friendly and efficient.

Related Content

  • Creative finance enables parking progress in LA
    March 15, 2016
    David Crawford investigates an innovative public/private partnership. Los Angeles entered the second decade of the 21st century facing major challenges to its parking operations. With a population of 3.8 million, and its car-oriented culture still predominant, the city's parking meters were technically outdated - with most only accepting coins and many regularly out of service - resulting in a substantial loss of revenue. This coincided with a number of Californian cities looking to parking income to boost
  • Research ranks Bosch, Harman, and Continental as leading Tier One connected car vendors
    September 8, 2016
    ABI Research ranks Bosch as the leader among 20 Tier One connected car suppliers considered in its latest competitive analysis. Harman and Continental received second and third place, respectively. Bosch's explosive sales growth last year, significant capital expenditures to fund future development, cadre of strategic partnerships, and commitment to advanced driver assistance systems (ADAS) solutions place it in a strong position to pioneer the continuing evolution of the automotive industry.
  • Here and What3words locate an extended partnership
    February 7, 2024
    Companies first partnered in 2020 to offer automotive customers in-car navigation
  • Thales to sell its revenue collection, tolling, car park management business
    November 18, 2016
    International technology company Thales has entered into exclusive negotiations with French private equity firm Latour Capital with a view to divesting its ticketing and revenue collection, road tolling and car park management systems business, in line with the company’s strategy of business portfolio optimisation. With close to 850 employees mainly based in France, the Netherlands, Denmark, Italy, Mexico, Hong Kong, India, New Zealand and Egypt, this business generated sales of US$165 million (€155 mil