Q-Park completed the acquisition of Bavaria Parkgaragen from Blue Lion.

Q-Park, a private parking operator, completed the acquisition of Bavaria Parkgaragen, an operator of a network of parking garages, from Blue Lion, an investment company. Financial terms were not disclosed. "The acquisition of Bavaria Parkgaragen strengthens our clear growth path in Germany. Especially in Bavaria, we are building a solid foundation to further realise our purpose of sustainable and smart urban mobility and to deepen our collaboration with cities and municipalities," Frank De Moor, Q-Park CEO.