InPost

Logistics · E-Commerce · Parcel Delivery

Acquisition

EU clears FedEx-Advent consortium's €7.8B takeover of InPost

Founder-CEO Rafal Brzoska stays in charge and Warsaw remains headquarters, a rare concession as global couriers race to own Europe's locker networks.

• The European Commission unconditionally cleared the €7.8 billion all-cash takeover of InPost by a consortium of Advent International, FedEx, A&R Investments and PPF Group, offering shareholders €15.60 per share.
• InPost, founded in 1999 by Rafal Brzoska, runs Europe's largest out-of-home delivery network with over 61,000 automated parcel lockers across Poland, the UK and Italy, plus courier and fulfilment services for e-commerce merchants.
• Under the ownership structure, Advent International and FedEx will each hold 37% of the enlarged company, with A&R Investments (Brzoska's vehicle) at 16% and PPF Group at 10%.
• InPost will remain an independent company headquartered in Poland with its brand intact, and Brzoska stays on as CEO once the deal closes, expected by year-end.
• The only regulatory approval still outstanding is from Vietnam's Competition Commission, expected by September 8, 2026, even though InPost has no operations there — a procedural formality rather than a substantive hurdle.
• Brussels found no competition concerns because InPost's locker-based model and FedEx's traditional courier network are largely complementary, with only minimal overlap in Poland, Italy, Portugal and Spain.
• The deal is FedEx's biggest bet yet on out-of-home, locker-first delivery, a model that cuts last-mile costs and is rapidly displacing door-to-door drop-offs across European e-commerce logistics.