InPost builds up its presence in the market
E-COMMERCE logistics firm InPost Group has strengthened its place in the marketplace after acquiring a 70% stake in Menzies Distribution Limited.
The all-cash transaction, valued at £60.4million, now means InPost has full control overs it UK logistics operations, allowing the company to accelerate its plans for the implementation of new services across the UK including high-quality next day B2C parcel locker services.
The move will also allow for InPost to take advantage of increasing consumer preferences in the UK market, while providing a fast, more cost-effective and sustainable delivery system to benefit both merchants and consumers alike.
The full load transport and warehousing management as part of Menzies was de-merged before the acquisition and, as a result, will continue to be managed by its existing team.
Similarly, the Newstrade division will continues to operate as it has done, ensuring customers continue to receive a steady supply of newspapers and magazines.
InPost initially started its partnership with Menzies in 2023 after it had acquired a 30% stake in the company. During this time, the two companies collaborated under a commercial agreement to achieve some significant milestones, including setting up an e-commerce parcel logistics service.
Rafał Brzoska, chief executive at InPost Group, said: “With this strategic acquisition, InPost fully insources logistics in the UK. With Menzies fully integrated, we are even better positioned to create an exceptional offering in terms of quality, price and convenience for both merchants and consumers.
“This acquisition ultimately creates a single integrated organisation that can take advantage of the increasing consumer demand for locker deliveries in the UK, and that will redefine how e-commerce delivery operates in this market.”
Neil Kuschel, chief executive at InPost UK, said: “This transaction is a critical milestone in unlocking and accelerating the growth potential of InPost in the UK.
“As one company, we will be able to create a business designed to win in the UK and serve the B2C market at a faster rate as more consumers discover the benefits of delivery to our lockers.”
