Polish parcel locker network InPost buys UK delivery firm Yodel for £106m

Deal will create third largest independent delivery business serving online retailers in Britain

The UK parcel delivery company Yodel has been snapped up by the Polish parcel locker firm InPost in a £106m deal that will create the third-largest independent delivery business serving online retailers in Britain.

The takeover will expand InPost’s footprint in the UK, taking its market share from 2% to 8%. It comes only months after the Polish operator completed a separate takeover of another UK logistics company – Menzies Distribution – in October last year.