On February 9 2026, InPost, Advent, FedEx, A&R and PPF (the
“Consortium”) announced agreement on recommended all-cash offer for all issued and outstanding InPost shares at
an offer price of EUR 15.60 per share.
This Q&A has been prepared to provide information for InPost
shareholders regarding the recommended offer by the Consortium.
Investors are encouraged to review the full press release for a more comprehensive overview of the offer and its
key terms.
- The Consortium is offering to purchase InPost shares at EUR 15.60 each (this price includes any
upcoming dividend payment). This values 100% of the Shares (the company) at EUR 7.8 billion.
This offer provides immediate and certain value for InPost’s shareholders with a highly
attractive offer premium of 50% to the Undisturbed Share Price on 2 January 2026 and 53% to the
three-month Volume Weighted Average Price prior to 2 January 2026.
- The Consortium will help drive InPost’s growth potential as a leading European ecommerce
solutions enabler by supporting its existing growth strategy including further expansion of its
parcel locker network and growth in consumer-centric digital solutions.
- FedEx brings deep industry expertise based on its diversified and global network, and advanced
technology.
- Following the Consortium’s expression of interest in InPost, a special committee – comprising
all non-conflicted members of the Supervisory Board and Management Board – was formed to
independently assess all aspects of the proposed transaction and ensure that the interests of
the Company and all stakeholders were fully considered. The Boards received financial and legal
advice to evaluate the proposed transaction. Following this process, the Boards consider the
Offer to be in the best interest of all stakeholders and unanimously support the Transaction and
recommend that shareholders tender their Shares under the Offer.
- The Transaction is supported by shareholders representing 48% of the outstanding Shares in the
Company.
- PPF will sell the entirety of its stake in support of the Transaction but will remain committed
to InPost through the reinvestment of a part of the proceeds to become a 10% shareholder in the
Consortium.
- InPost will continue to operate under the InPost brand with its head office in Poland and with
its current management structure led by CEO Rafał Brzoska who will maintain his stake in InPost
through the Consortium.
- The Consortium has committed financing in place providing certainty of funds.
- The Consortium has agreed to certain Non-Financial Covenants following Settlement of the Offer.
- The Transaction is expected to complete in H2 2026.
Post-Settlement, the Consortium will be structured with Advent holding
37%, FedEx holding 37%, A&R holding 16% and PPF holding 10%.
| Advent International |
37% |
One of the most experienced private equity firms, headquartered Boston, Massachusetts.
|
| FedEx Corporation |
37% |
Global leader in transportation, logistics, ecommerce, and business services.
|
| A&R Investments |
16% |
A company founded by Rafał Brzoska. |
| PPF Group |
10% |
Privately-owned Czech investment holding. |
