A consortium comprising US private equity firm Advent International, FedEx, along with investment companies A&R and PPF, has agreed to acquire Polish parcel delivery service provider InPost for $9.22 billion.
InPost provides self-service pickup solutions for business-to-consumer (B2C) parcels. The consortium stated that InPost operates a network of 61,000 smart parcel lockers, complemented by pickup points, drop-off locations, and home delivery services. It possesses a clear expansion strategy capable of significantly scaling its network and extending service coverage to consumers across Europe.
The consortium will pay 7.8 billion euros (equivalent to $9.22 billion), which translates to 15.60 euros per share. This represents a 50% premium over the share price before news of the potential transaction emerged on January 2nd.
Upon completion of the transaction, Advent International and FedEx will each hold a 37% stake, A&R will hold 16%, and PPF will hold 10%.
As part of the deal, PPF will divest its existing shares and reinvest a portion of the proceeds, ultimately retaining a 10% ownership stake in the consortium.
InPost indicated that it will continue to operate under its own brand, maintain its headquarters in Poland, and retain its existing management structure led by Chief Executive Officer Rafał Brzoska.
The transaction has received support from shareholders representing 48% of the company's outstanding shares and is expected to be finalized in the second half of this year.