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    J.P. Morgan appointed as financial adviser for fundraising process to accelerate the international development of the InPost parcel locker business

    Press Release                                                                                                                                                                                                                                       March, 3rd, 2014

     

    J.P. Morgan appointed as financial adviser for fundraising process to accelerate the international development of the InPost parcel locker business

     

    Integer.pl Group, the controlling shareholder of the entity that oversees the roll-out of a network of InPost parcel lockers internationally, has hired J.P. Morgan as financial adviser for a capital raise process for the locker business.

     

    „The Group is seeing an exciting, accelerated expansion of InPost parcel lockers in Europe, but also in Asia and the Americas. Strong demand by the global retailers and partners for the InPost locker delivery solution on other continents has led us to the decision, that this is the right time to consider a new capital round for the business.” - said Rafal Brzoska, CEO of Integer.pl Group.

     

    InPost has recently finalised key agreements with retailers in Norway, Italy and Spain, and machines installation has started in those countries. The business continues to grow in the UK, where it has exceeded 800 terminals, and the first parcel lockers will be installed in China. InPost’s international network of parcel lockers is the largest in the world.

     

    More information available on: www.inpost24.com.