FedEx and Advent International have moved closer to completing their acquisition of Polish parcel-locker operator InPost after shareholders tendered 89.81% of the company’s shares. The result clears the consortium’s 80% minimum acceptance threshold and advances a transaction that would take one of Europe’s largest automated parcel-locker networks private.

Takeover Clears the Required Shareholder Threshold

InPost said on September 18 that the consortium’s all-cash offer had secured substantially more shares than the minimum required to proceed. The transaction was agreed in February at €15.60 per share, valuing the company at approximately €7.8 billion, or around $8.95 billion based on the exchange rate cited by Reuters.

The 89.81% acceptance rate gives the consortium a clear controlling position if the transaction closes as planned. The deal combines FedEx’s global logistics capabilities with Advent International’s private-equity expertise and the participation of other existing InPost investors, creating a new ownership structure for a company that has expanded rapidly since its 2021 stock-market listing.

InPost Faces a More Competitive Logistics Market

InPost operates one of Europe’s largest networks of automated parcel lockers and has expanded across nine countries, including its home market of Poland. Its business model has benefited from the growth of e-commerce and demand for convenient last-mile delivery, but expansion has also required substantial investment in infrastructure and locker capacity.

Since its listing, InPost shares have faced pressure from intensifying competition in Poland and the costs associated with rapid expansion. The takeover therefore comes at a point when the company is balancing continued network development with the need to generate stronger returns from the infrastructure already deployed.

FedEx Adds a Strategic Logistics Dimension

For FedEx, the transaction provides exposure to a rapidly developing segment of European logistics infrastructure. Automated parcel lockers can help address the final-mile delivery challenge by consolidating shipments at centralized collection points rather than requiring individual door-to-door deliveries.

The combination could also create opportunities to connect InPost’s established locker network with FedEx’s broader international delivery infrastructure. However, the extent of any operational integration or strategic changes will depend on decisions made after the transaction closes. The Reuters report does not provide specific details on planned integration measures.

Delisting Will Mark a New Phase for InPost

InPost has said its shares will be delisted from Euronext Amsterdam once the transaction is completed. Despite the ownership change, the company is expected to continue operating under the InPost name while maintaining its existing management structure and headquarters in Poland.

The transition will shift InPost from the scrutiny of public equity markets toward private ownership, where longer-term investment decisions can be made outside the quarterly reporting cycle. At the same time, the new owners will face the challenge of maintaining growth while managing the substantial infrastructure spending that accompanied the company’s European expansion.

Going forward, the key milestones will be the formal completion of the transaction, the Euronext Amsterdam delisting and the consortium’s strategy for InPost’s next phase of expansion. Investors and the logistics industry will also be watching how the company balances network growth, competitive pressures and operational efficiency under its new ownership structure.