D&D Biltvättar acquired by OKQ8
Acquisition by OKQ8
July 2021
Sector: Industrial & Business services
Service: M&A
Our role
Exclusive financial adviser to OKQ8 on the acquisition of D&D Biltvättar
Buyer
OKQ8 is one of Sweden's largest fuel companies with 740 stations in Sweden and 2,200 employees. OKQ8 works actively to drive development of more climate- and environmentally friendly fuels and products. At their stations OKQ8 offers groceries, fast foods, auto accessories and car washes
Target
D&D Biltvättar was founded in 2010 and is an operator of eight car washes in central Sweden. Successful concept based on providing cheap, effortless and green car wash with high-quality brushless washes and environmentally friendly detergents