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Advent, FedEx-led consortium to buy parcel locker firm InPost in $9.2 billion deal
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Advent, FedEx-led consortium to buy parcel locker firm InPost in $9.2 billion deal
Mar 11, 2026 3:22 AM

Feb 9 (Reuters) - A consortium led by holding firm

Advent and FedEx ( FDX ) has agreed to buy InPost for

15.60 euros per share, valuing the parcel locker ‌company at 7.8

billion euros ($9.2 billion) and aiming to further expand its

reach across Europe, the companies said on Monday.

The offer ​price marks an around 17% premium to InPost's

closing price on Friday. The Amsterdam-listed shares ‍opened 14%

higher, trading at May 2025 highs.

InPost, which operates across ⁠nine countries including ⁠its home

market Poland, has one of the largest European networks of

automated parcel machines, or APMs. Since its Amsterdam listing

in ‌2021, it has met tepid market confidence ​as competition at

home intensified and investments aimed at quick expansion held

back profit growth.

A string of deals last year included buying Yodel in Britain ⁠and

a Spanish delivery company. The European expansion ‍has largely

been ​financed by revenue and earnings growth in Poland in recent

years.

In January, InPost said it had received an indicative takeover

proposal from an unnamed party, boosting its shares.

Under ‍private ownership, the group will aim to extend its

footprint in France, Spain, Portugal, Italy, Benelux and

Britain, Europe's largest e-commerce market, the joint statement

said.

As part of the deal, Advent and FedEx ( FDX ) each will own 37% of

the company, while InPost CEO Rafal Brzoska's investment vehicle

A&R will own 16% and PPF, the investment firm of the Czech

Kellner family, ​will hold ‍the remaining 10%.

"Together, we will strengthen our network and reach more

consumers with enhanced fast and flexible delivery options as we

continue our objective of redefining ​the European e-commerce

sector," Brzoska said in the statement.

Advent, A&R and PPF already own stakes in InPost. Advent had

bought a majority stake in 2017 but has since reduced its

ownership to 6.5%, while A&R and PPF own 12.49% and 28.75%,

respectively, according to the InPost website.

The company will continue to be called InPost and maintain

its management structure and headquarters in Poland. The parties

expect the transaction to ​be closed in the second half of this

year.

"The proposed price is likely to be viewed by most of the

market as moderately attractive rather than opportunistic,"

equity analysts from Erste Group said in a note to investors.

($1 = ‍0.8445 euros)

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