In addition, Advent has agreed to grant PPF an option to purchase an additional 10% shareholding in InPost. This option replaces the existing option announced by PPF on 26 May 2023.
Listed on the Euronext Amsterdam stock exchange, InPost currently operates in eight Western European countries, including France and the U.K., in addition to its Polish home market. It manages about 33,000 automated parcel machines for self-service deliveries for e-commerce clients and individuals. InPost also offers logistics services and fulfillment centers for online retailers.
"Since PPF became an InPost shareholder, we are happy that the company has significantly grown its business and increased its financial performance. Today we are proud to increase our shareholding in the company, as we believe strongly in the pan-European expansion strategy and pursuit of sustainable long-term growth by InPost’s management," said Didier Stoessel, Chief Investment Officer of PPF Group.