FedEx joins Advent in $9.2 billion InPost buyout to take parcel locker group private
Advent International and FedEx are heading up a consortium that’s struck a deal to buy InPost for €15.60 per share in cash. That puts the parcel locker company’s value around €7.8 billion. InPost, which operates upwards of 61,000 automated lockers and has more than 33,000 pickup and dropoff locations scattered across nine European countries, will keep CEO Rafał Brzoska at the helm. FedEx is moving into “out-of-home delivery” — that’s parcels bound for lockers and pickup points, not home addresses — as logistics players keep hunting for cheaper last-mile options across Europe. The company said InPost will stay a standalone, “independent competitor” after the deal closes, with plans for arm’s-length commercial agreements that connect FedEx’s network to InPost’s lockers and B2C services.
