The translation of the heading to English is: "InPost secures full control over Menzies Distribution.
Eulerpool Research Systems •Oct 15, 2024
Takeaways NEW
- The acquisition strengthens InPost's presence in the key economic centers of the United Kingdom.
- InPost takes full control of Menzies Distribution.
In a significant development, the parcel station company InPost has announced the completion of the full acquisition of shares in the British logistics firm Menzies Distribution. This strategic decision follows the acquisition of a 30% stake in July 2023, followed by the recent investment of £60.4 million in the remaining 70% of the shares. The focus of the deal is on the Express and Newstrade segments of Menzies, while the Menzies Distribution Services (MDS) division was spun off and is not part of the agreement. Interestingly, InPost retains a 30% stake in MDS. With this acquisition, InPost strengthens its presence in the UK's economic centers of London, Manchester, and Birmingham, leveraging a nationwide distribution network. Despite the transaction, InPost's debt ratio is not expected to be significantly affected.
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