InPost completed the acquisition of the remaining 70% stake in Menzies Distribution for £60.4m.

InPost, an e-commerce logistics enabler, completed the acquisition of the remaining 70% stake in Menzies Distribution, a logistics provider, for £60.4m. “With this strategic acquisition, InPost fully insources logistics in the UK. With Menzies fully integrated, we are even better positioned to create an exceptional offering in terms of quality, price and convenience for both merchants and consumers. This acquisition ultimately creates a single integrated organization that can take advantage of the increasing consumer demand for locker deliveries in the UK and that will redefine how e-commerce delivery operates in this market. We would like to give a warm welcome to the whole Menzies team, including the Newstrade division - an established and renowned business in an industry we are excited to enter. We are proud of what that part of Menzies has achieved so far, and we look forward to working as one group to grow all aspects of the business," Rafał Brzoska, InPost CEO.