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.

InPost, which placed its first locker in Krakow in 2009, said the takeover would combine its drop-off and collection network with Yodel's home delivery capabilities, seamlessly integrating out-of-home and to-door solutions" under a single brand.