Buyout firm Advent International is exploring a consortium deal with InPost SA’s founder and CEO Rafal Brzoska and Czech investment firm PPF Group to take the Amsterdam-listed logistics company private, according to a report by Bloomberg.
The three investors collectively hold a 47.7% stake in InPost, the Poland-based parcel locker operator. PPF, controlled by Czech billionaire Renata Kellnerova, owns 28.75%, Brzoska holds 12.49% via A&R Investments, and Advent currently holds around 6.5%.
Discussions remain ongoing, and sources cautioned that a deal is not yet certain. If successful, the buyout could involve a multi-billion euro transaction, with bankers already positioning for a potential debt package of up to €4.5bn to finance the takeover.
InPost’s market value stands at roughly €7bn ($8.2bn). Its shares, which debuted at €16 in the IPO, have fallen 37% over the past year amid concerns over margins, competition from Poland’s largest e-commerce platform Allegro.eu and its rival locker network, and rapid international expansion. The stock briefly rose to €20 but currently trades near €10 following takeover speculation.
Since its IPO, InPost has expanded its parcel locker network nearly fivefold to around 57,000 units, entering markets including the UK, Ireland, France, Italy, and Spain. Parcel volumes have increased 3.5 times, and adjusted profits have more than tripled despite significant investments in infrastructure and acquisitions.
