Orlen SA outlined an initial plan to divest its courier services unit to Poland’s State Post, putting further pressure on InPost SA as the fight for market share intensifies.
Under a term sheet signed by the two government-controlled companies on Friday, the State Post Bloomberg Terminalmay eventually buy Orlen Paczka SA, which operates about 7,000 parcel lockers in the country. The combined firm will have a network of over 30,000 points of delivery, positioned to benefit from the booming e-commerce business.