April 17 (Reuters) - InPost SA :: *STRATEGIC TAKEOVER OF YODEL *POST-DEAL, INPOST UK’S MARKET SHARE INCREASES TO C. 8% *WITH ACQUISITION OF YODEL — ONE OF UK’S LARGEST PARCEL DELIVERY COMPANIES — INPOST STEPS INTO POSITION OF THIRD-LARGEST AGNOSTIC LOGISTICS PLAYER IN THE COUNTRY *ACQUIRED 95.5% OF JUDGE LOGISTICS LTD SHARE CAPITAL, PARENT COMPANY OF YODEL DELIVERY NETWORK *PAYPOINT RETAINING A MINORITY STAKE OF 4.5% *INPOST HAS CLEAR PLAN ON INTEGRATION OF YODEL AND ITS GOAL FOR THIS DEAL IS TO BE EBITDA ACCRETIVE WITHIN ONE YEAR *THE JLL ACQUISITION WAS STRUCTURED AS A DEBT-TO-EQUITY CONVERSION, WITH INPOST CONVERTING ITS EXISTING LOAN TO JLL INTO EQUITY *UNTIL THE TRANSACTION DATE, INPOST HAD PROVIDED JLL WITH FINANCING AMOUNTING TO £106 MILLION IN THE FORM OF CONVERTIBLE LOAN NOTES *ACQUISITION WILL ALLOW INPOST TO ACHIEVE RAPID INCREASE TO ABOUT 300 MILLION+ PARCELS ANNUALLY, IMMEDIATELY EXPANDING ITS MERCHANT BASE TO OVER 700+ E-COMMERCE STORES *ACQUISITION WILL ALLOW INPOST TO ACHIEVE UNIQUE OFFERING FOR MERCHANTS: THROUGH NEXT-DAY TO DOOR DELIVERY COMBINED WITH THE EXTENSIVE OUT-OF-HOME NETWORK RESULTING IN ONE INPOST BRAND DELIVERING A COMPREHENSIVE SERVICE TO THE UK MARKET *ACQUISITION WILL ALLOW INPOST TO ACCELERATE UK GROWTH AND MARKET SHARE EXPANSION WITH ABOUT 8% MARKET SHARE, WITH 10,000 APMS TOTALLING OVER 18,000 OOH POINTS *ACQUISITION DIVERSIFIES INPOST'S VOLUME BY SEGMENT AND GEOGRAPHICALLY, WITH THE UK CONTRIBUTING APPROXIMATELY 30%2 TO INPOST GROUP'S REVENUE
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