Overview

• Poland-based InPost has acquired a 95.5% stake in Yodel’s parent company, Judge Logistics Ltd, through a £106m debt-to-equity deal, with PayPoint retaining a 4.5% stake.
• The acquisition will expand InPost’s UK market share from 2% to 8%, making it the third-largest independent logistics provider in the UK e-commerce sector, behind Royal Mail and Evri.
• The combined business is expected to deliver over 300 million parcels annually, serving more than 700 online retailers across the UK.
• InPost plans to integrate its parcel locker network with Yodel’s home delivery operations, aiming to provide a seamless “locker-to-door” service under a unified brand.
• This move follows InPost’s £60m acquisition of Menzies Distribution in October 2024, reflecting its broader strategy to capitalize on Europe’s growing e-commerce market.