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FedEx-Advent Consortium Secures 89.8% of InPost in Take-Private Deal
A consortium led by FedEx and private equity firm Advent International has successfully secured a controlling stake in InPost, with shareholders tendering nearly 90% of the Polish parcel locker operator's shares in a takeover offer. The deal paves the way for the company to be taken private and delisted from the Euronext Amsterdam exchange.
Offer Details
InPost announced on Friday that 89.81% of its shares had been tendered in the all-cash offer, surpassing the minimum acceptance threshold of 80%. The consortium first agreed to the deal in February.
The terms of the transaction value InPost at approximately €7.8 billion ($8.95 billion), based on an offer price of €15.60 per share. Following the closing of the deal, InPost's shares will be delisted.
AdStrategic Rationale and Future Operations
The acquisition follows a period of significant pressure on InPost's stock since its 2021 public listing. The company has faced intensifying competition in its domestic Polish market while simultaneously funding heavy investment spending to support its rapid expansion across Europe.
Despite the change in ownership, InPost is expected to maintain operational continuity. According to the company, it will continue to operate under the InPost brand, retaining its current management structure and its headquarters in Poland. InPost operates one of the largest networks of automated parcel lockers in Europe, with a presence in nine countries.
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