InPost raises €2.8 billion through IPO

InPost raises €2.8 billion through IPO

Polish parcel-locker firm InPost has raised €2.8 billion euros in its initial public offering on Amsterdam’s Euronext exchange, reports Private Equity News.

Stockholders sold 175 million existing shares representing a 35% stake in the firm at €16 euros each, the company said in a statement. The IPO values the firm at €8 billion.

The Advent International-backed courier firm, which operates automated lockers in supermarket car parks and other public places, plans to take advantage of the massive increase in online shopping since the Covid pandemic, with ambitions to expand in France, Spain and Italy.

InPost owns and operates 12,254 automated parcel machines, mostly in the UK and Poland, and last year handled 248 million parcel deliveries.

Relevant Directory Listings

Listing image

Doddle

Doddle powers PUDO networks and intelligent returns management for some of the world’s most innovative carriers and posts. Our experience building our own successful PUDO network in the UK means we have unprecedented insight into the needs of consumers, carriers and retailers meaning we can […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Which one of the following SCM technologies will you be investing in over the next 2-3 years?

Thank you for voting
You have already voted on this poll
Please select an option!





MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

News Archive

Pin It on Pinterest

Share This