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112 Outdoor car wash with foam soap web

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