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