InPost completes acquisition of Mondial Relay for €513 million

InPost and Otto Group announced the successful completion of InPost’s previously announced acquisition of Mondial Relay, a leading French e-commerce out-of-home parcel delivery platform, for an adjusted purchase price of €513 million. The acquisition was first announced on 15 March 2021.

The acquisition is expected to allow InPost to take a major step in its ambition to become Europe’s leading out-of-home automation solution for e-commerce.

“We are delighted to have completed this strategically significant acquisition. Mondial Relay’s extensive market presence in one of Europe’s largest e-commerce markets provides a tremendous opportunity for InPost to fast-track our international expansion strategy. Together with Mondial Relay, we will immediately become Europe’s leading out-of-home solution for e-commerce with multiple levers to accelerate our growth and create value for all our stakeholders. We welcome our Mondial Relay colleagues to the InPost team and are excited to start our journey together as we unlock untapped demand and re-define the last mile delivery experience for consumers,” Rafał Brzoska, Group Chief Executive Officer of InPost.