Greenberg Traurig has advised the InPost Group on its acquisition of a 30% equity stake in Menzies Distribution Group Limited for GBP 49.3 million. Walker Morris reportedly advised Menzies Distribution.
According to Greenberg Traurig, the agreement also includes a three-year option to acquire the remaining 70% equity stake.
The InPost Group is a European automated parcel machine service provider. It is based in Poland and listed on the Amsterdam Stock Exchange.
According to Greenberg Traurig, “the strategic partnership sees Menzies, one of the UK and Ireland’s leading time-sensitive delivery businesses, becoming InPost’s exclusive logistics provider in the UK. Menzies’ nationwide logistics capability will give InPost the ability to scale at speed in the UK to match increasing consumer demand.”
The Greenberg Traurig team included Warsaw-based Partner Rafal Baranowski and further team members in London.