M&A Activity • May 31, 2021
M&A Activity
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PRESS RELEASE 28 May 2021
Acquisition will create Europe's leading out-of-home automated solution for e-commerce
Luxembourg, Luxembourg - 28 May 2021. InPost S.A., a leading e-commerce enablement platform, today announced that the European Commission has unconditionally approved its acquisition of Mondial Relay, clearing the way for completion of the transaction.
The transaction has now received all necessary regulatory approvals and is expected to close on or about July 1, 2021.
"We are delighted to receive the European Commission's unconditional approval which allows us to move forward and successfully complete the acquisition of Mondial Relay," said Rafal Brzoska, Founder and CEO of Inpost. "International expansion is a key element of InPost's growth strategy and the acquisition of Mondial Relay gives us an immediate footprint in one of Europe's largest e-commerce markets, providing multiple levers to accelerate our overall growth and create shareholder value."
In-Post SA ("InPost") is the leading e-commerce enablement platform. Founded in 1999 by Rafal Brzoska in Poland, InPost provides delivery services through its network of more than 13,500 Automated Parcel Machines ("APMs"), including over 1,400 in the UK, as well as to-door couriers and fulfilment services to e-commerce merchants. In 2020, InPost handled 249 million parcel deliveries through its APMs, working with over 26,000 merchants. Strategically positioned in the fast-growing e-commerce ecosystems, InPost benefits from supportive market trends which drives further APM adoption. APMs provide consumers with a lower cost, flexible, convenient, environmentally friendly and contactless delivery option. Through its APM delivery services, InPost is creating a greener solution for e-commerce, as locker delivery results in a reduction of CO2 emissions by two-third compared to to-door deliveries in urban areas and 90% in rural areas as well as significant reduction. In addition, APMs provide a more convenient solution to parcel delivery for consumers, allowing for 24/7 access without the need for consumers to remain at home. Highly efficient IT infrastructure and rapid adoption of new technology underpin InPost's operations and growth. InPost's mobile application 'InPost Mobile' is one of the most successful apps in Poland with more than 6.5 million active users.
inpost.eu
Luxembourg Register of Commerce and Companies (R.C.S. Luxembourg) under number B 248669 Share capital 31 000,00 EUR

This press release contains inside information relating to the Company within the meaning of Article 7(1) of the EU Market Abuse Regulation.
This press release contains forward-looking statements. Other than reported financial results and historical information, all statements included in this press release, including, without limitation, those regarding our financial position, business strategy and management plans and objectives for future operations, are, or may be deemed to be, forward-looking statements that reflect the Company's current views with respect to future events and operational performance. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements are based on the Company's beliefs, assumptions and expectations regarding future events and trends that affect the Company's future performance, taking into account all information currently available to the Company, and are not guarantees of future performance. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future, and the Company cannot guarantee the accuracy and completeness of forward- looking statements. A number of important factors, not all of which are known to the Company or are within the Company's control, could cause actual results or outcomes to differ materially from those expressed in any forward-looking statement as a result of risks and uncertainties facing the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release and are subject to change without notice. Other than as required by applicable law or the applicable rules of any exchange on which our securities may be traded, we have no intention or obligation to update forward-looking statements
Sherief Bakr, Investor Relations [email protected] +44 7756 205 027
Wojciech Kądziołka, Spokesman [email protected] +48 725 25 09 85
James White and Elly Williamson
+44 7855 432 699 / +44 7970 246 725
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