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Q-Park complete acquisition of Britannia Parking

Q-Park are delighted to confirm the completion of the acquisition of Britannia Parking Group Limited.

Q-Park are delighted to confirm the completion of the acquisition of Britannia Parking Group Limited.

Q-Park have a long and proud history of being one of the UK’s largest car park operators with numerous safe and secure parking facilities available under their recognisable branding in most of the UK’s major cities such as London, Glasgow, Edinburgh, Manchester, Birmingham, Sheffield and Leeds. Their reputation for offering both quality parking facilities and customer service is unmatched across Western Europe.

With over 25 years’ experience establishing and managing car parks, Britannia Parking has earned the reputation for being one of the most respected operators in the UK. They have a national footprint consisting of over 600 car parks ranging from multi-storey parking facilities to conventional pay and display parking using innovative ANPR solutions linked to live tracking services plus fully managed CCTV and control room services from their Bournemouth base. As well as owning and leasing their own parking facilities they also manage car parks on behalf of landowners. These clients vary from large established funds and organisations to independent property developers, pubs and even retail parks.

Q-Park reached agreement for the full purchase of Britannia Parking and have undergone a thorough due diligence process which resulted in the deal completion taking place on the 4th June 2024.

Adam Bidder, Managing Director of Q-Park UK said ‘We are absolutely delighted to be able to confirm the acquisition of the Britannia Parking business. They are a successful and commercially solid business which made them a perfect acquisition target and we welcome our new colleagues to the Q-Park family.’

About Q-Park

Q-Park is a leading off-street parking infrastructure owner and operator with well-managed commercial parking facilities across seven western European countries. We operate off-street parking spaces we own, have under concession or with long-term lease contracts from public and private landlords. We focus on off-street purpose-built parking facilities at strategic locations. We operate more than 3,600 parking facilities comprising over 706,000 parking spaces in the Netherlands, Germany, France, Belgium, United Kingdom, Ireland and Denmark. Based on publicly available industry data for our competitors, we estimate that we are a top three player, based on the estimated off-street revenues, in all the countries in which we operate. Q-Park also has numerous mobility hubs which provide access to a variety of mobility solutions. We house and support a range of activities from last mile logistics, electric vehicle charging, micromobility and car sharing services which help support urban accessibility, sustainability and liveability.

 

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