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InPost acquires Mondial Relay for €513 million

InPost acquires Mondial Relay for €513 million

InPost has acquired Mondial Relay, an e-commerce freight supplier in the European market, from Germany’s Otto Group. The acquisition aims to allow InPost Group to enter the markets of France, the Benelux and the Iberian Peninsula.

We have completed an acquisition of strategic importance, and the extensive Mondial Relay network in one of the largest e-commerce markets in Europe will allow InPost to accelerate the implementation of its international expansion strategy – said Rafai Przoska, President of InPost.

– With Mondial Relay, we have become Europe’s leading e-commerce out-of-home delivery solution Rafai Brzoska, President of InPost confirms.

See also: Panic after the government’s decision. Tourists change countries for vacation

Founded in 1997, Mondial Relay is an e-commerce freight forwarding company. She has about 15.8 thousand. Pick-up and drop-off points in France, the Benelux and the Iberian Peninsula. In France, it is the second largest network with 11 thousand. points.

In 2020, Mondial Relay handled 131 million shipments. In total, InPost and Mondial Relay delivered more than 440 million shipments last year. Mondial Relay revenue amounted to 437 million euros last year.

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Thanks to the acquisition, InPost has acquired an e-commerce delivery platform in the third largest e-commerce market in Europe. According to estimates, the French e-commerce market is worth about 56 billion euros.

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