4 Acquisitions

In the year under review, Q-Park acquired 100% of the shares of Promenade Car Parks Ltd, which is classified as an 'asset acquisition'.

In addition, Q-Park gained 'control' of the French company SPEP SA of which Q-Park already owned 50% of the shares in 2014. 'Control' was acquired by the acquisition of the remaining 50% of the shares in this company.

In 2014, Q-Park acquired 100% of the shares of Mobil Park AB, a medium-sized parking company in Sweden. Under IFRS 3 Business combinations, this acquisition was classified as a ‘business combination’. The fair value of the identifiable assets and liabilities determined in 2014 was confirmed without adjustment in 2015.