FedEx (FDX) Consortium Agrees to Acquire InPost for $9.2B in European Out-of-Home Parcel Network

Private equity consortium led by FedEx (NYSE: FDX) agreed to acquire InPost in an all-cash offer valued at 7.8 billion euros ($9.2 billion). The deal, valued at 15.60 euros per share, represents a 50% premium to InPost’s Jan. 2 closing price of 10.40 euros. FedEx will own a 37% stake, with Advent also holding 37%, and A&R and PPF owning 16% and 10%, respectively. InPost, a leader in out-of-home parcel delivery with 61,000 lockers and 34,000+ drop-off points, serves over 100,000 e-commerce sellers and posted parcel volumes of 1.4 billion in 2025, up 25% from the prior year. The acquisition is expected to close in H2 2026, with most funding coming from equity and a portion from borrowing. If InPost accepts a competing offer, it will pay a $78 million termination fee. The transaction is expected to strengthen last-mile delivery and expand FedEx’s footprint in key European markets.