Europe's largest e-commerce delivery platform
InPost - a leader among e-commerce delivery platforms in Europe - has successfully completed the acquisition of Mondial Relay, a leading French 'out-of-home' delivery company, in an agreement with Otto Group. The transaction was worth EUR 513 million. InPost will thus become Europe's largest delivery platform for e-commerce(link) .
The transaction will allow InPost to:
- Significant market expansion and acceleration of international growth strategy
- Entry into the attractive markets of France, Benelux and the Iberian Peninsula
- EBITDA growth of approximately EUR 100-150 million in the medium term
InPost and Mondial Relay together delivered more than 440 million parcels in 2020, supported by a network of around 28,000 APM and PUDO point locations. Mondial Relay, with its extensive network of PUDO outlets and extensive pan-European commercial relationships, will allow InPost to accelerate its international expansion plans. It will also provide an immediate presence in one of Europe's largest and most attractive e-commerce markets with a strong foundation of accelerated growth, Mondial Relay's scaled logistics network, extensive pan-European retail relationships and strong consumer recognition - providing a strong foundation for further growth.
In addition, InPost gains an established and fully integrated e-commerce delivery platform in Europe's third largest e-commerce market. Estimated at around €56 billion, the French e-commerce market boasts one of the highest 'out-of-home' delivery penetration rates in Europe - at around 40%.
We have completed a strategically important acquisition and Mondial Relay's extensive network in one of Europe's largest e-commerce markets will allow InPost to accelerate its international expansion strategy. With Mondial Relay, we become Europe's leading 'out-of-home' delivery solution for e-commerce. In doing so, we can leverage many synergies to grow even faster and create value for our stakeholders. We welcome our colleagues from Mondial Relay to the InPost team and look forward to starting our journey together. Together, we will increase demand and redefine last mile delivery for consumers - underlines Rafał Brzoska, CEO of InPost .
InPost S.A ("InPost") is a leading delivery platform for e-commerce. Founded in 1999 by Rafal Brzoska in Poland, InPost has a network of Paczkomat® machines in Poland, the UK and Italy, and provides courier and fullfilment services to e-commerce merchants in Poland. In 2020, InPost processed 249 million parcels through the machines, working with more than 26,000 e-tailers. Strategically positioned in the fast-growing e-commerce ecosystem, it benefits from favourable market trends - allowing it to rapidly deploy new machines. InPost's Paczkomat® machines provide consumers with a cheaper, flexible, convenient, environmentally friendly and contactless delivery option. In this way, InPost creates the greenest delivery solution for e-commerce - delivery to the machines reduces CO2 emissions by two-thirds compared to courier deliveries in urban areas and by as much as 90% in rural areas. In addition, it reduces congestion and provides a more convenient solution for delivering parcels to consumers 24 hours a day, 7 days a week and without having to wait at home. A highly efficient IT infrastructure and rapid implementation of new technologies underpin InPost's operations and growth. InPost mobile app " InPost Mobile " is one of the most popular apps in Poland with nearly 7 million active users. In January 2021, InPost successfully debuted on the EURONEXT Amsterdam stock exchange.
For more information visit: inpost.co.uk
