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PPF acquires shareholding in fast-expanding European e-commerce distribution company InPost

PPF Group

25/5/2023 | 1 minute to read

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PPF Group (“PPF” or “the Group”) announces that it has agreed to acquire from Advent International (“Advent”) a shareholding in InPost S.A. (“InPost” or “the company”) at €10 per share, representing 15% of the share capital in the company, which operates a European network of automated parcel machines (APM) and provides e-commerce logistics and distribution services.

Together with PPF’s previous purchases of InPost shares on the open market, the Group currently holds an aggregate shareholding, representing 16.75% of the InPost share capital. 

Under the agreement with Advent, PPF has the option to buy a further 15% stake in InPost from Advent.

InPost, which is listed on the Euronext Amsterdam stock exchange, was founded in Poland by current CEO Rafał Brzoska. The company is currently active in eight Western European countries in addition to its Polish home market, operating more than 29,000 APMs that provide self-service delivery boxes for e-commerce clients. InPost also offers logistics services and fulfillment centers for e-commerce retailers.

"With this investment, we have taken a major step towards strengthening the e-commerce sector in which PPF has long been active. E-commerce is one of our four main investment pillars, along with financial services, telecommunications, and media. As a major shareholder, we are committed to contributing to the international expansion of, and value generation by, InPost, one of the most dynamic companies in its sector," said Didier Stoessel, Chief Investment Officer of PPF Group.

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