Parcel locker firm, Inpost, has acquired delivery company, Yodel, to become the third-largest agnostic logistics player in the country, following Royal Mail and Evri.
The deal saw InPost acquire 95.5% of Judge Logistics Ltd share capital (‘JLL’), parent company of Yodel Delivery Network (‘Yodel’), with PayPoint retaining a minority stake of 4.5%.
The acquisition will enable the company to process around 300 million+ parcels annually, immediately expanding its merchant base to over 500+ e-commerce stores and increasing market share to approximately 8%, with 10,000 automated parcel machines, totalling over 18,000 Out Of Home points.
Rafał Brzoska, Founder, and CEO of InPost Group, said: “This acquisition marks a pivotal milestone in InPost’s journey to revolutionise the UK delivery market as well as the Group pan-European presence. We have just fast-forwarded five years of organic expansion in the UK and it is a clear reflection of our long-term commitment to this market, a market where we see enormous opportunity for growth. Our logistics model has transformed delivery in other European markets, and with this acquisition, we are now well positioned to do the same here.”
Neil Kuschel, CEO of InPost UK added: “This acquisition is a game-changer for InPost’s operations in the UK. Combining doorstep deliveries with our unrivalled locker network, we are reshaping the future of parcel delivery. We will be able to provide customers and e-commerce retailers with the reliability, flexibility, and efficiency they expect. We’re excited to deliver more for the UK.”
The acquisition builds on the partnership established between InPost and Yodel in October 2024, when Yodel began providing last-mile services through InPost’s “locker-to-door” service.
The transaction follows the acquisition of Menzies Distribution in October 2024, which gave InPost full control over its entire logistics process in the UK.