Japan's Sumitomo acquires Nordic parking lot operator Q-Park from KKR

Japan's Sumitomo acquires Nordic parking lot operator Q-Park from KKR

Photo by Rokas Niparavičius on Unsplash

Japanese trading house Sumitomo Corp has agreed to buy Q-Park Nordics, the largest Nordic parking lot operator, from U.S. investment fund KKR, hoping to benefit from an acceleration towards electric vehicles.

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