InPost to Invest €500 Million in France by 2030 as Locker Expansion Accelerates
Updated
Updated · Bloomberg · Jun 1
InPost to Invest €500 Million in France by 2030 as Locker Expansion Accelerates
1 articles · Updated · Bloomberg · Jun 1
€500 million will be deployed in France by 2030 as InPost deepens its footprint in one of its key European markets.
The new spending is aimed at organic growth, expanding the Polish group's parcel locker network as it pushes further across Europe.
InPost entered France in 2021 through its €565 million purchase of Mondial Relay, a deal that gave it a major position in France, Benelux and the Iberian Peninsula.
France has already absorbed €900 million of InPost investment, making the company the biggest Polish investor in the country.
With FedEx now a co-owner, will InPost's €1.4B bet on France disrupt the last-mile delivery market?
Are thousands of new parcel lockers a green solution for French cities or the next wave of urban blight?