Latest news with #RafałBrzoska
CNA
23-04-2025
- Business
- CNA
InPost signs deal to handle Vinted deliveries until 2027
GDANSK : Parcel locker company InPost has agreed a deal with Lithuanian online marketplace Vinted to handle parcel deliveries in eight countries until the end of 2027, the company said on Wednesday. WHY IT'S IMPORTANT The agreement expands InPost's services across Europe, supporting its strategy to grow in key e-commerce markets. Under the deal with Vinted, InPost will deliver parcels in Poland, the United Kingdom, France, Belgium, the Netherlands, Italy, Portugal, and Spain. CONTEXT InPost has been expanding in Europe through strategic partnerships and acquisitions. Recently, the company announced the acquisition of UK courier firm Yodel, accelerating its growth in the country and solidifying its position as the third-largest independent logistics operator in the country. KEY QUOTE "Strategic partnerships like the one with Vinted are crucial for InPost's strategy and strengthen the group's international position," InPost CEO Rafał Brzoska said in a statement.
Reuters
23-04-2025
- Business
- Reuters
InPost signs deal to handle Vinted deliveries until 2027
GDANSK, April 23 (Reuters) - Parcel locker company InPost ( opens new tab has agreed a deal with Lithuanian online marketplace Vinted to handle parcel deliveries in eight countries until the end of 2027, the company said on Wednesday. WHY IT'S IMPORTANT The agreement expands InPost's services across Europe, supporting its strategy to grow in key e-commerce markets. Under the deal with Vinted, InPost will deliver parcels in Poland, the United Kingdom, France, Belgium, the Netherlands, Italy, Portugal, and Spain. CONTEXT InPost has been expanding in Europe through strategic partnerships and acquisitions. Recently, the company announced the acquisition of UK courier firm Yodel, accelerating its growth in the country and solidifying its position as the third-largest independent logistics operator in the country. KEY QUOTE "Strategic partnerships like the one with Vinted are crucial for InPost's strategy and strengthen the group's international position," InPost CEO Rafał Brzoska said in a statement.
Yahoo
23-04-2025
- Business
- Yahoo
InPost signs deal to handle Vinted deliveries until 2027
GDANSK (Reuters) - Parcel locker company InPost has agreed a deal with Lithuanian online marketplace Vinted to handle parcel deliveries in eight countries until the end of 2027, the company said on Wednesday. WHY IT'S IMPORTANT The agreement expands InPost's services across Europe, supporting its strategy to grow in key e-commerce markets. Under the deal with Vinted, InPost will deliver parcels in Poland, the United Kingdom, France, Belgium, the Netherlands, Italy, Portugal, and Spain. CONTEXT InPost has been expanding in Europe through strategic partnerships and acquisitions. Recently, the company announced the acquisition of UK courier firm Yodel, accelerating its growth in the country and solidifying its position as the third-largest independent logistics operator in the country. KEY QUOTE "Strategic partnerships like the one with Vinted are crucial for InPost's strategy and strengthen the group's international position," InPost CEO Rafał Brzoska said in a statement. Sign in to access your portfolio
The Guardian
17-04-2025
- Business
- The Guardian
Polish parcel locker network InPost buys UK delivery firm Yodel for £106m
The UK parcel delivery company Yodel has been snapped up by the Polish parcel locker firm InPost in a £106m deal that will create the third largest independent delivery business serving online retailers in Britain. The takeover will expand InPost's footprint in the UK, taking its market share from 2% to 8%. It comes only months after the Polish operator completed a separate takeover of another UK logistics company – Menzies Distribution – in October last year. InPost, which placed its first locker in Kraków in 2009, said the takeover would combine its drop-off and collection network with Yodel's home delivery capabilities, 'seamlessly integrating out-of-home and to-door solutions' under a single brand. It estimates the takeover will result in the combined business delivering more than 300m parcels in the UK a year, serving more than 700 online retailers. The deal also means that the UK will now make up about 30% of the group's revenue. 'This acquisition marks a pivotal milestone in InPost's journey to revolutionise the UK delivery market, as well as the group pan-European presence,' Rafał Brzoska, the founder and chief executive of InPost Group, said in a statement. 'We have just fast-forwarded five years of organic expansion in the UK and it is a clear reflection of our long-term commitment to this market, a market where we see enormous opportunity for growth. Our logistics model has transformed delivery in other European markets, and with this acquisition, we are now well positioned to do the same here.' The deal will entail InPost acquiring 95.5% of Yodel's parent company, Judge Logistics Ltd, in a debt-to-equity arrangement in which a loan worth £106m will be converted into equity shares. PayPoint will retain a minority 4.5% stake in JLL. Once the deal is completed, the combined company will be the third largest independent logistics business serving the UK e-commerce industry, behind Royal Mail and Evri – but excluding Amazon – InPost said. Sign up to Business Today Get set for the working day – we'll point you to all the business news and analysis you need every morning after newsletter promotion It follows the £3.6bn takeover of Royal Mail's parent company International Distribution Services by the Czech billionaire Daniel Křetínský, amid an industry shake-up fuelled by a boom in online shopping and parcel deliveries.
