InPost, a Polish parcel locker firm, has acquired UK parcel delivery company Yodel for £106 million, establishing the third-largest independent delivery business in Britain. CEO Rafał Brzoska emphasized the acquisition's significance in enhancing InPost's presence in the UK, which he believes has substantial growth potential. The deal is seen as a strategic move to revolutionize the UK delivery market and secure the future of Yodel's approximately 10,000 employees, as noted by the GMB union, which supports the investment as a way to reinvigorate Yodel's competitive position.
This acquisition marks a pivotal milestone in InPost's journey to revolutionise the UK delivery market, as well as the group pan-European presence.
We have just fast-forwarded five years of organic expansion in the UK and it is a clear reflection of our long-term commitment to this market.
Yodel has endured a tumultuous 12 months. GMB welcomes today's news which will secure workers' future for the long term.
The investment will help put Yodel back into the game as a leading competitor in the UK market.
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