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InPost began working with Yodel in October 2024.
InPost, a Polish-founded logistics company perhaps best known for its parcel lockers, has announced its ‘strategic takeover’ of UK-based parcel delivery company Yodel.
InPost plans to take advantage of Yodel’s ‘strong home delivery capabilities’, to ‘scale its operations significantly, expand its service offering, and provide greater convenience to
retailers and customers’.
The takeover of Yodel, InPost believes, will allow it to achieve a number of ‘key strategic objectives’, including the diversification of InPost’s volume by segment and geographically and ‘accelerated UK growth and market share expansion’.
With this new acquisition, InPost claims that its market share has risen to approximately 8%. This transaction follows InPost’s acquisition of Menzies Distribution in October 2024.
Yodel faced going into administration in February 2024, but was set to be rescued by rival Shift. However, the merger did not go ahead as planned, with Yodel instead announcing in August 2024 that it had secured an £85 million funding package through a new ownership structure.
InPost has acquired 95.5% of Judge Logistics Ltd, Yodel’s parent company, while PayPoint has retained a minority stake of 4.5%. Read more
Source: LOGISTICS MANAGER
