European parking group Q-Park said on Friday that it has welcomed seven new shareholders to its ranks. Several Dutch pension funds (St. De Samenwerking/Pensioenfonds Slagersbedrijf, St. Pensioenfonds Beroepsvervoer over de Weg, St. Pensioenfonds Grafische Bedrijven, St. Pensioenfonds Woningcorporaties, St. Spoorwegpensioenfonds and St. Pensioenfonds Openbaar Vervoer) have acquired stakes in the company, which is one of the three leading providers of parking facilities in Europe.
European parking group Q-Park said on Friday that it has welcomed seven new shareholders to its ranks. Several Dutch pension funds (St. De Samenwerking/Pensioenfonds Slagersbedrijf, St. Pensioenfonds Beroepsvervoer over de Weg, St. Pensioenfonds Grafische Bedrijven, St. Pensioenfonds Woningcorporaties, St. Spoorwegpensioenfonds and St. Pensioenfonds Openbaar Vervoer) have acquired stakes in the company, which is one of the three leading providers of parking facilities in Europe.
In June this year, Q-Park acquired French firm, Epolia, in a EUR 700mln takeover financed with a rights issue of EUR 380mln and additional capital supplied by ING and Rabobank.
'For many years Q-Park has demonstrated an uninterrupted track record of generating strong shareholder value. That’s prompted them to provide us with strong support coupled to strategic and financial resources. These new shareholders will further reinforce our mutual synergies,' said chairman of the board Ward Vleugels.
Q-Park has a portfolio comprising 800,000 parking spaces and office accommodation in the Netherlands, Germany, Belgium, Great Britain, France, Ireland, Denmark, Sweden, Norway and Finland.
