InPost to float on Euronext

Parcels delivery technology company InPost is to float on the Euronext Stockmarket in Amsterdam.

At the centre of the InPost business are parcel lockers. It also offers fulfilment services to e-commerce merchants and has a growing UK business as it expands rapidly.

Rafał Brzoska, Group Chief Executive Officer of InPost, said: “When we created InPost, we saw a unique opportunity to benefit from the e-commerce market development in Poland, and to redefine the e-commerce ecosystem entirely by rapid roll-out of the innovative parcel lockers – an efficient delivery mechanism based on data and technology that works for both consumers and merchants.”

The company claims that it is now strategically positioned at the heart of the EU and UK e-commerce market, right at the time of explosive growth of the industry thanks to the pandemic. Its contactless delivery options strengthen this position further. Brzoska continued, “We believe that InPost’s lockers are the most convenient solution for consumers and the cheapest option for merchants, but more importantly, the greenest solution for e-commerce delivery.

“Our vision is to become Europe’s leading out-of-home automated solution for e-commerce. We are very excited by the considerable growth opportunities ahead of us, both in Poland and throughout key European markets where the appreciation for the advantages of APMs is growing quickly alongside the significant growth in the e-commerce market. We believe that our combination of scale, know-how, high margins and strong growth make InPost a compelling investment opportunity. Our proposed listing on Euronext will mark the next phase of our development as we expand our business internationally and build on the strong momentum we have generated to date.”