During last year's holidaysbecause in July 2023, InPost acquired 30 percent. share and voting rights in Menzies. It cost him 49.3 million pounds. He also secured a three-year option to acquire the remaining 70 percent. shares. SkyNews reports that it will probably use it after a year and take over the remaining 70%. The amount of this transaction is currently unknown.
InPost storms the British market. Big deal
Last month, the president of InPost, Rafał Brzoska, revealed that the company would decide to use the purchase option by the end of the year. Citing anonymous sources, Sky News determined that the announcement of the contract will probably take place earlier, later this week.
Menzies is – as we read in na website – “a leading logistics company operating on the UK markets Ireland“. Every day, it delivers parcels to over 45,000 locations. It boasts that it handles over 31 million parcels per week. The British company has 100 branches, a central sorting center and 9 regional sorting centers. It manages a fleet of over 3,200 vehicles and employs over 5,000 employees .
InPost is expanding in the British logistics industry
– More than half of people in the UK shop online. By adding more parcel pickup machines, we increase customer convenience. When customers already have the option of the most convenient form of delivery, there is pressure on sellers to use it and this drives growth – said the president of InPost in an interview for SkyNews two years ago.
Since then, the company has been expanding in the British market. According to the latest data, InPost is to have over 8,000 parcel lockers. Meanwhile, at the beginning of this year it had 7,000 of them. Moreover, InPost has recently become an official partner of Newcastle United Football Club, an English football club.