FedEx-Led Group to Acquire InPost in $9.3 Billion Buyout Accelerating European E-Commerce Delivery Evolution

In a significant development within European e-commerce logistics, a consortium led by FedEx Corporation alongside Advent International, A&R, and PPF has brokered an all-cash acquisition agreement to purchase the entirety of InPost's issued and outstanding shares. The deal is valued at approximately 7.8 billion euros, equating to about 9.3 billion U.S. dollars, and offers current InPost shareholders a 50% premium by setting the share price at 15.60 euros. This transaction represents a major consolidation effort within the European parcel delivery market, which continues to experience robust growth driven by rising online commerce. Preliminary agreement terms indicate that the transaction is conditionally approved and aimed for completion during the second half of 2026. Post-acquisition ownership is slated to have FedEx and Advent holding equivalent stakes of 37% each in the consortium. Meanwhile, A&R and PPF are expected to oversee ownership shares of approximately 16% and 10%, respectively. This ownership structure illustrates a strategic alignment geared toward capitalizing on the swift expansion of out-of-home delivery infrastructure across Western Europe. At the core of the acquisition is InPost’s expansive network comprising around 61,000 automated parcel lockers distributed across Europe. This network has become a critical component in the last-mile delivery segment, offering flexible and contactless delivery options that cater to growing consumer preferences. By integrating this network with FedEx’s global logistics operations and expertise, the consortium intends to significantly amplify service reach and efficiency throughout the region. FedEx’s strategic objective with this consolidation is to strengthen its position within the ever-expanding European delivery landscape. Incorporating InPost’s innovative last-mile solutions aligns with FedEx’s broader initiative to adapt and enhance its portfolio of e-commerce offerings. The combined capabilities are expected to unlock considerable growth potential while expanding consumer choice for delivery services in key European markets. Importantly, InPost is set to continue operating independently under the terms of the agreement, retaining its operational headquarters in Poland. This approach aims to preserve the company's autonomy and innovative culture, while benefiting from the strategic resources and global network brought by the new consortium members. Raj Subramaniam, FedEx CEO, expressed confidence in the collaboration, stating that post-transaction agreements will facilitate customer access to InPost’s last-mile business-to-consumer capabilities. He emphasized that FedEx’s logistical expertise and global network will underpin InPost's subsequent phase of growth. Subramaniam framed the transaction as a calculated capital allocation aimed at long-term value creation, highlighting shared expectations among consortium partners for operational efficiency improvements, enhanced returns, and superior customer service across European markets. From a financial markets perspective, FedEx shares showed stability around the 52-week high, priced at $369.30 in premarket trading at the time of announcement. The stock's recent price trajectory underscores investor optimism surrounding FedEx’s strategic maneuvers in the delivery and logistics sectors. This acquisition represents a pivotal moment in European e-commerce logistics, reflecting ongoing industry trends toward consolidation and innovation within parcel delivery frameworks. By leveraging technology-driven, automated locker solutions integrated with a vast global network, the FedEx-led consortium is positioning itself to meet increased demand for more efficient, scalable, and consumer-friendly delivery services as e-commerce continues to surge across Europe.