Overview

• International Distribution Services invested £43.9 million for a 49% stake in Collect+, the out-of-home parcel network owned by PayPoint.
• About 8,000 Collect+ outlets will take on the Royal Mail Shop brand, introducing over-the-counter postage sales for the first time.
• The sites will continue to handle parcel drop-off, pickup and returns for multiple carriers and will operate with extended hours.
• Around 500 stores have already been rebranded, with broader rollout underway and self-service kiosks due from early 2026.
• PayPoint said the investment values Collect+ at about £90 million, aligning with Royal Mail’s parcels-focused strategy after the EP Group takeover and a recent return to underlying profit.