InPost: delighted to have completed this strategically significant acquisition

InPost: delighted to have completed this strategically significant acquisition

InPost and Otto Group today announces the successful completion of InPost’s previously announced acquisition of Mondial Relay, the leading French e-commerce out-of-home parcel delivery platform, for an adjusted purchase price of EUR 513 million.

The acquisition was first announced on 15 March 2021.

The acquisition is expected to allow InPost to take a major step in its ambition to become Europe’s leading out-of-home automation solution for e-commerce.

Rafał Brzoska, Group Chief Executive Officer of InPost commented: “We are delighted to have completed this strategically significant acquisition. Mondial Relay’s extensive market presence in one of Europe’s largest e-commerce markets provides a tremendous opportunity for InPost to fast-track our international expansion strategy. Together with Mondial Relay, we will immediately become Europe’s leading out-of-home solution for e-commerce with multiple levers to accelerate our growth and create value for all our stakeholders.

We welcome our Mondial Relay colleagues to the InPost team and are excited to start our journey together as we unlock untapped demand and re-define the last mile delivery experience for consumers.”

 

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