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Notes from Poland is run by a small editorial team and is published by an independent, non-profit foundation that is funded through donations from our readers. We cannot do what we do without your support.

The European Commission has granted approval for a consortium led by American transportation conglomerate FedEx to take over Polish delivery giant InPost in a deal worth €7.8 billion (33.7 billion zloty).

InPost, which operates in France, Spain, the UK, Portugal, Italy and the Benelux countries, as well as in its home market, confirmed on Tuesday that it had received the green light from the EU for the deal, which was announced in February.

If it goes through, the takeover will see a consortium made up of FedEx along with existing InPost investors, Advent, A&R, and PPF, purchase all of the company’s shares at a price of €15.60 each.

The group behind the deal says the aim is to help InPost continue its recent rapid expansion. The firm will retain its name, branding and Polish headquarters. Founder and CEO Rafał Brzoska will remain in place, as well as being a major shareholder through A&R, which is his investment vehicle.

The deal will see Advent, an American private equity firm, and FedEx each hold 37% of InPost. A&R would have 16% and PPF, a Czech investment fund founded by the late billionaire Petr Kellner, 10%. Currently, PPF holds 28.75%, A&R 12.49%, and Advent 6.5%.

The initial offer period for the consortium’s takeover was due to end on 27 July. However, on 22 July, it was extended until 18 September due to the fact that antitrust proceedings in the EU and Vietnam were still ongoing.

In its announcement today of EU approval, InPost noted that it is still awaiting a green light from the Vietnam Competition Commission but expects a decision to be made by 8 September. Although the Polish company has no operations in Vietnam, FedEx has been present on the market since 1994.

 

InPost has grown rapidly in recent years through its pioneering use of parcel lockers, first in Poland and then across western Europe. In the UK, it has established a network of over 14,000 parcel lockers, including in branches of the British Post Office.

In June this year, French President Emannuel Macron thanked InPost for its latest investment in France, where the firm – which operates there through its subsidiary Mondial Relay – is planning to spend a further €500 million to expand its presence.

In the first quarter of 2026, InPost saw its revenue rise 31% year-on-year to reach 3.9 billion zloty. That included 121% growth in the UK, 28% in the Eurozone and 9% in Poland itself.

However, the group’s earnings before interest, taxes, depreciation, and amortisation (EBITDA), a measure of profitability of business operations, were down 4% to 902 million zloty.


Notes from Poland is run by a small editorial team and published by an independent, non-profit foundation that is funded through donations from our readers. We cannot do what we do without your support.

Main image credit: InPost (press materials)

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