Divestment of the Nordic business

Wednesday, 1 May 2019

Based on strategic considerations, Q-Park BV divested the Nordic business consisting of operations in Sweden, Norway and Finland. Sumitomo Corporation has purchased 100% shares of the Nordic business.

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About Q-Park

Q-Park is one of Europe’s leading parking providers, with secure, clean, and well-managed parking facilities across seven West European countries.

We are recognised as a provider of quality parking facilities. The high level of quality that we provide is maintained by our employees and costs are controlled through the use of increasingly smarter solutions and systems.

We demonstrate that effective paid and regulated parking makes an economic contribution to cities and society, and that a positive parking experience contributes to how people enjoy their visit, journey, shopping or commute.

The Q-Park Group owns, operates and manages parking facilities in the following seven countries; Belgium, Denmark, France, Germany, Ireland, Netherlands and United Kingdom.

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Q-Park's market position in the countries in which operate.