Polish delivery group InPost has acquired Yodel in a major shake-up of the UK logistics sector, converting £100 million of debt into equity to assume control of the embattled courier company.
The takeover marks the latest chapter in Yodel’s turbulent journey, following its separation from the Barclay family’s business interests and a near-collapse last year. Under the terms of the deal, InPost now owns a 95.5 per cent stake in Yodel’s parent company, Judge Logistics, with London-listed payments provider PayPoint retaining a minority 4.5 per cent holding.
InPost said the acquisition establishes it as the UK’s third-largest parcel delivery operator for online sales, trailing only Royal Mail and Evri. The group’s market share analysis excludes Amazon.
Rafał Brzoska, the billionaire founder and chief executive of InPost, described the move as transformative: “We have just fast-forwarded five years of organic expansion in the UK. This acquisition is a clear reflection of our long-term commitment to this market, where we see enormous opportunity for growth.”
He added that combining InPost’s European locker network with Yodel’s home delivery capability would enable the group to offer a fully integrated logistics model across the UK.
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