InPost

Logistics · E-Commerce · Parcel Delivery

Acquisition

FedEx-Advent consortium secures 89.8% of InPost in $8.9B buyout

The all-cash deal, agreed at a 50% premium in February, hands the buyer instant scale in Europe's booming out-of-home delivery market.

• A FedEx- and Advent International-led consortium secured 89.81% of InPost shares by the September 18 tender deadline, clearing the 80% minimum needed to complete its €7.8 billion ($8.95B) all-cash buyout at €15.60 per share.
• InPost operates one of Europe's largest automated parcel-locker networks, with over 61,000 machines and 33,000+ pickup points across nine countries, delivering about 1.4 billion parcels in 2025.
• After settlement, ownership splits FedEx 37%, Advent 37%, founder Rafał Brzoska's A&R Investments 16% and Czech investor PPF 10%; Brzoska stays CEO and InPost keeps its Polish headquarters and brand.
• The €15.60 offer represented a 50% premium to InPost's undisturbed January 2 close of €10.40, and its shares will delist from Euronext Amsterdam once the deal closes.
• InPost quadrupled parcel volumes between 2020 and 2025 through organic growth and acquisitions, yet its stock had lagged since its 2021 listing amid domestic competition and heavy expansion spending.
• FedEx and InPost plan to remain operationally independent, entering arm's-length commercial agreements to combine their networks rather than merging the businesses outright.
• The deal is FedEx's largest bet yet on Europe's out-of-home delivery boom, giving it locker infrastructure to fight rising last-mile costs without absorbing InPost's operations directly.