Allianz Capital Partners completed the acquisition of Tank&Rast, Germany’s largest and leading owner and concessionaire of a network of motorway service areas providing essential services to 500 million visitors each year. The Tank & Rast network comprises around 390 service areas, approximately 350 petrol stations and some 50 hotels on Germany’s highway network.

"The acquisition is an important step in our ambition to substantially grow our portfolio of high-quality infrastructure companies and to diversify across sectors and countries. We are committed to support management in sustainably growing Tank & Rast in close co-operation with all stakeholders and to further improve its essential services for all customers," said Christian Fingerle, Chief Investment Officer responsible for infrastructure investments at Allianz Capital Partners.