Announced
Financials
Sources
Tags
Third Party Logistics (3PL)
delivery and logistics
United Kingdom
Acquisition
Cross Border
Private
Majority
Pending
Friendly
Single Bidder
Synopsis
InPost, a European automated parcel machine (APM) service provider, agreed to acquire a 30% stake in Menzies, a time-sensitive delivery business, for £49.3m. "We are proud to partner with InPost and are excited about the opportunities this will create for our clients, our business, and our people. InPost and Menzies are uniquely positioned to deliver fast, sustainable delivery and returns in the UK benefiting consumers, retailers, suppliers, and our colleagues. We look forward to the future and supporting InPost’s next phase of growth in the UK," Greg Michael, Menzies CEO.
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