POLAND – Royalton adds Cool AR to Activ Parking

Central and Eastern European investor Royalton Investors has acquired a 93% stake in Polish paid parking zone business COOL AR. The deal was done thorough ACTIV Parking Holdings, a Czech parking operator Royalton acquired in January 2009. Together the two manage more than 40,000 parking spaces, and intend to grow through further acquisition, particularly in Hungary and Romania. Cool's management team will stay on board following the deal.