Q-Park BV Acquires 100% of P1 Shares

Q-Park BV has acquired 100% of the shares of P1, a family-owned parking company operating and managing parking facilities in the Netherlands. With this acquisition, Q-Park supports its portfolio growth strategy and strengthens its position in Dutch cities including Eindhoven, Utrecht, The Hague and Amsterdam.

“We are happy to have found a parking operator with a matching vision and quality profile. With their scale, active investment plans and digital innovations, they will take a parking customer’s seamless journey in the Netherlands to the next level.” Says Vladan Jankovic, Managing Director P1.

Frank De Moor, CEO of Q-Park sees the acquisition as “A great opportunity to optimise our services in the Dutch market and engage with public and private stakeholders to build smart mobility solutions which will keep Dutch cities accessible, liveable and economically viable.”

About P1

P1 is a Dutch parking company, reputed for combining on- and off-street parking services, providing municipalities with a wide array of parking related services, and optimising both the interest of visitors as well as the owners of parking facilities. P1 offers customer friendly on- and off-street parking solutions at about 80 locations in the Netherlands.

About Q-Park

Q-Park is a leading provider of parking facilities in Western Europe, whether wholly-owned, leased or managed. Q-Park is renowned for its quality approach and has a portfolio comprising over 475,000 parking spaces in the Netherlands, Germany, Belgium, Great Britain, France, Ireland and Denmark.