The InPost Transaction – Potential Implications for the European Delivery Market
- Edited by M.K.
- Kategoria: English zone
InPost has announced an agreement under which a consortium of investors will acquire all shares of the company for a total amount of EUR 7.8 billion. The transaction is expected to be completed in the second half of 2026, with InPost retaining its operational independence and its existing business profile.
According to the announcement, the company’s main operational headquarters and key management team will remain in Poland, while the investors are expected to support InPost’s further growth. The acquiring consortium consists of Advent International (37%), A&R Investments (16%), FedEx (37%), and PPF Group (10%). Rafał Brzoska has declared his full commitment to leading the Group in the coming years, emphasizing that the brand, competencies, and innovative know-how will remain in Poland.
The transaction is commented on by Mateusz Pycia, CEO of Globkurier, a logistics partner supporting companies in organizing domestic and international deliveries.
When analyzing this transaction, it is worth paying attention to a key issue: the difference in scale and operational logic. FedEx is valued at approximately USD 87 billion, while InPost is valued at only around 10% of that amount. At the same time, when looking at gross margin, InPost is able to generate significantly higher levels, in some cases even about twice as high. This may suggest that for FedEx the key asset is InPost’s European last-mile model based on automated parcel machines (APMs) and PUDO points, as it allows for a real reduction in the costs of critical elements of the delivery process.
In my view, we may be witnessing the first stage of deeper integration. In the coming months, the most likely scenario involves FedEx leveraging InPost’s APM and PUDO network, which would strengthen its local services and improve delivery economics in Europe. In the European market, this arrangement may further intensify competition, which is already under strong pressure from Amazon’s rapidly expanding in-house delivery services—particularly visible in the United Kingdom, Italy, France, and Germany. For the largest operators, especially DHL, the combination of FedEx’s intercontinental strength with InPost’s low-cost first and last mile could prove to be a challenge that is difficult to neutralize.
From the perspective of the entire ecosystem, as well as the Polish economy, it is crucial that InPost’s headquarters and know-how remain in Poland. There is a real opportunity for a Polish brand to become another global champion, and it can already be said that the Polish concept of last-mile delivery is conquering the world.