InPost agrees £6.8bn takeover by FedEx and private equity-led consortium

Parcel locker group InPost has agreed to be bought by a consortium led by delivery giant FedEx and private equity firm Advent for 7.8 billion euros (£6.8 billion) as it aims to expand further across the UK and Europe.

The consortium has offered 15.60 euros (£13.59) a share for Polish-headquartered InPost, which is 17.3% higher than the firm’s closing price in Amsterdam on Friday, and 50% above its share price in January before it revealed a takeover approach from an unnamed suitor.

The company will continue under the InPost brand as a standalone firm, with its headquarters in Poland and with founder and chief executive Rafat Brzoska remaining at the helm.

Advent, A&R – a private investment firm founded by Mr Brzoska – and PPF, which is the investment company of the Czech Kellner family, already own stakes of 6.5%, 12.49% and 28.75% in InPost respectively.

Following the deal, Advent and FedEx will each own 37% holdings, with A&R owning a 16% stake and PPF the remaining 10%.

The deal, which is expected to complete in the second half of 2026, will see InPost expand in its existing markets in France, Spain, Portugal, Italy, Benelux and the UK, which is the largest e-commerce market in Europe.

In the UK, the group is looking to more than double the locker points to 30,000 from 14,000 currently, while it also has 5,500 pick-up and drop-off points.

Hein Pretorius, chair of the supervisory board of InPost and the special committee, said: “We believe that the transaction provides a solid foundation for the future of InPost, with the consortium that has a long-term perspective on value creation and fully endorses the strategy.”

Mr Brzoska – who has not taken part in the boardroom talks due to his interest in the takeover – said: “Building on our success in Poland, this transaction will support our next phase of growth as we continue to grow across Europe.

“By partnering with the long-term financial and strategic investors of the consortium who know our business and the industry well, we benefit from the expertise, stability and resources needed to capitalise on the strong tailwinds including increasing e-commerce penetration, rising consumer demand for speed and convenience and the shift towards more sustainable delivery solutions.

“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.”

The firms said there were “no immediate costs identified” to be cut following the deal.

Founded in 1999 by Mr Brzoska, InPost has a network of over 61,000 lockers and more than 33,000 pick-up and drop-off points across nine European countries – Poland, the UK, France, Italy, Spain, Portugal, Belgium, the Netherlands and Luxembourg.

The group, which also offers courier and fulfilment services for online sellers, delivered 1.4 billion parcels in 2025.

It listed on the Amsterdam Euronext in 2021.

Raj Subramaniam, chief executive of FedEx, said: “We will be entering into agreements with InPost following completion of the transaction that will provide our customers access to InPost’s last-mile B2C (business-to-consumer) capabilities while bringing FedEx’s global network and logistics expertise to support InPost’s next phase of growth.”

The firms said the deal to take InPost private will allow the firm “to operate more efficiently” while also cutting out costs linked to being listed on the stock market, and “dependency on market expectations driven by short-term performance outlook and periodic reporting”.