Q-Park Acquires Park One, the 7th Largest Player in the German Parking Market

With this acquisition, Q-Park consolidates its position as a major player in parking and urban mobility in Western Europe and Germany in particular. Q-Park will benefit from Park One’s experience, its locations in Munich and complementary locations in other key cities.

Together we will roll out even more ambitious sustainable mobility solutions and seamless parking services across German regions, strengthening Q-Park as a sustainable mobility partner for cities and their Sustainable Urban Mobility Plans (SUMPs).

• Facilitate the sustainable use of cars, both stationary and on the move.
• Ensure intelligent design of Mobility Hubs with infrastructure requirements, including EV charging points.
• Reduce unnecessary car journeys through digital services.
• Keep cities liveable, economically vibrant and accessible.

Q-Park has agreed to acquire Park One in full and has conducted a thorough due diligence process, resulting in the closing of the transaction on 9 April 2025.

Frank De Moor, CEO of Q-Park, said: “This German acquisition consolidates Q-Park’s position as one of the largest players in the German market, strengthens our position in key cities and confirms our much desired presence in Munich. It will enable us to further enhance urban liveability and connect communities in one of our most important markets. ”

Frank Meyer, Managing Director of Q-Park Germany, said: “We are delighted to welcome the highly valued Park One team and to present our seamless parking services to landlords, businesses, municipalities and customers. Together we will continue to have a leading role in the German sustainable urban mobility sector.

Q-Park Germany is the third largest private parking operator in Germany and owns, operates or manages 131 parking facilities with 54,125 parking spaces. We operate in over 40 German cities with a particularly strong presence in Berlin, Darmstadt, Düsseldorf, Cologne, Leipzig and Saarbrücken.

Park One is the seventh largest private parking management company in Germany and operates 41 parking facilities (PFs) with more than 12,800 parking spaces – mainly for privately owned properties. Park One is active in numerous German cities with a particularly strong presence in Munich, Berlin and Düsseldorf.

About Q-Park

Q-Park is one of Europe's leading operators of owned, managed and leased parking facilities as well as parking facilities in the form of a mixed business model. Q-Park is known for its quality standards and has a portfolio of more than 3,600 parking facilities with more than 706,000 parking spaces and has a strong market position in seven northwest European countries: the Netherlands, Germany, France, Belgium, Great Britain, Ireland and Denmark. Q-Park has already equipped 39 locations in 22 cities in Germany with e-charging stations and is thus actively promoting the expansion of the charging infrastructure. The company pursues a sustainable strategy by expanding the charging points in line with actual demand. In this way, Q-Park is making a long-term and resource-saving contribution to electromobility.