Cale & Parkeon become FLOWBIRD
Cale & Parkeon become FLOWBIRD
INTRODUCTION OF NEW COMPANY NAME March 20th, 2018 – Paris.
The two players will get stronger in the field of digital through the appointment of a dedicated CEO, Marius Koerselman, for the mobile payment business and a cross-data exchange partnership with Parkopedia.
• FLOWBIRD is inspired by the ease with which each bird moves quickly and safely within a cloud of birds.
• FLOWBIRD symbolizes our ambition to make individual travel simpler, safer, faster, while collectively maximizing efficiency and harmonizing flows.
• FLOWBIRD more broadly encompasses our activities, better describes the diversity of our businesses for our customers and users. Every week around the world, thanks to our terminals, mobile applications and online services, we contribute to improving the living environment of our 100 million users by helping to reduce air pollution, optimise traffic, simplify payments, make cities more secure and economically dynamic…
• FLOWBIRD is a Software platform which helps the local authorities to mesure, monitor and manage the mobility within the cities
FLOWBIRD is pleased to announce the appointment of Marius Koerselman as CEO of Yellowbrick International, its mobile payment business. Marius Koerselman was previously CEO of Parkmobile. Marius Koerselman’s arrival at this position reflects Flowbird’s determination to become the leader in Mobile Parking Payment while confirming its position as the world’s sole player independent from any a car manufacturer.
FLOWBIRD and Parkopedia are also announcing today the creation of a cross-data exchange partnership to improve the services offered to both operators and consumers.its services for customers, both professionals and consumers.
FLOWBIRD operates in over 5,000 towns and cities in 70 countries. The company is constantly innovating and breaking new ground to help provide solutions. The merger of Parkeon and Cale, announced in January, will enable us to combine our expertise and accelerate our investments into products and services that, through digitalisation, technology and innovation, will help us to improve individual journey experiences and make our communities better.
About Parkeon 2017 revenues: €250m
2017 EBITDA: €55m
About Cale 2017 revenues:€ 70m
2017 EBITDA: €10m
The new group, FLOWBIRD, Urban Intelligence has 1,300 employees (Parkeon 1016 and Cale 284 as at December 31, 2017).
Cale offers innovative and efficient parking and transit payment solutions to improve urban mobility for Smart Cities. From the start in 1955, Cale has developed into a world leading brand within the parking business, with a turnover close to a billion SEK. Cale has subsidiaries, distributors and customers all around the world. Cale specializes in customizing technology, may it be for parking terminals, mobile payment solutions, transaction handling or centralized software systems, and converts this into functionality, always with the highest possible focus on the parking operator as well as the driver.
You are welcome to visit our website, www.calegroup.se, to read more about our products and services, or feel free to contact us.