A consortium led by FedEx Corporation (NYSE:FDX) and private equity group Advent has agreed terms to acquire Polish parcel locker operator InPost SA (AS:INPST) in a transaction valuing the company at around €7.79 billion ($9.22 billion), according to a joint statement released on Monday.
Under the proposal, the consortium is offering €15.60 per InPost share, a premium of 17.3% to the company’s closing price in Amsterdam on Friday. In response, InPost shares surged more than 13% in early trading, reaching that level by 09:09 GMT.
The announcement follows disclosure last month that InPost had received a takeover approach, though the bidders were not identified at the time. Market speculation had previously pointed to Advent as a likely suitor.
InPost’s board has recommended the offer, noting that shareholders representing at least 48% of the company’s share capital have already indicated their support for the transaction.
“Based on the equity value of €7.8bn, we estimate the enterprise value amounts to €9.9bn, implying a takeover multiple of 8.2x FY26E EBITDA, implying a discount of 40% to the average historical valuation over the last five years,” said Jefferies analyst David Kerstens.
Following completion, InPost will continue to operate under its existing brand, with its headquarters remaining in Poland. Founder and chief executive Rafat Brzoska will stay in charge of the business.
The buyers said the deal supports InPost’s strategy to accelerate its expansion across Europe, capitalising on continued growth in ecommerce. InPost is also expected to enter into commercial partnerships with FedEx once the transaction closes.
The acquisition is expected to be completed in the second half of 2026, subject to customary regulatory and shareholder approvals.