InPost has acquired the remaining 70% of Menzies Distribution Limited for £60.4m, writes Carol Millett.
This giving InPost total control over Menzies express and newstrade operations, in a move aimed at building its presence in the UK market.
However, Menzies Distribution Services (MDS) the company’s full load transport services and warehousing arm, is not the part of the transaction.
InPost will retain a 30% stake in MDS but it will remain under the control of Endless LLP, which acquired MDS in 2018, and continue to be run by its existing management team.
InPost is a Polish-owned courier, parcel delivery and express mail service company, which has its headquarters in Krakow.
