A heavyweight consortium comprising FedEx, Advent International, A&R Investments, and PPF Group has announced a recommended all-cash offer to acquire InPost S.A., Europe’s leading automated parcel locker provider (and owner of Yodel).
The deal values the company at approximately €7.8 billion.
The Consortium has proposed an offer price of €15.60 per share, representing a significant 50% premium over InPost’s undisturbed share price on January 2, 2026.
The ownership structure of the acquiring entity post-settlement will be:
- FedEx: 37%
- Advent International: 37%
- A&R Investments (Rafał Brzoska): 16%
- PPF Group: 10%
The transaction has already secured irrevocable undertakings from shareholders representing 48% of outstanding shares, including PPF Group and InPost founder Rafał Brzoska.
The acquisition aims to marry FedEx’s massive global logistics network with InPost’s dominant European "out-of-home" (OOH) delivery infrastructure.
InPost currently operates over 61,000 automated parcel machines (APMs) across nine countries. The Consortium plans to accelerate expansion in the UK, France, Italy, and Iberia.
Despite the partnership, FedEx and InPost will not fully integrate operations; they will remain independent competitors while entering commercial agreements to link FedEx’s 3 million business customers with InPost’s locker network.
The move capitalizes on the shift toward eco-friendly, contactless, and consumer-centric delivery solutions that reduce last-mile costs.
"This transaction provides the expertise and resources needed to redefine the European e-commerce sector," said Rafał Brzoska.
"Our headquarters and innovation core will remain in Poland, which serves as the blueprint for our international strategy."
