Allegro and InPost settle arbitration dispute with $2 billion delivery deal
Nov 12 (Reuters) - Allegro has signed a deal worth at least 8 billion zlotys ($2 billion) for cheaper parcel locker deliveries by InPost until 2031, ending an arbitration dispute over how the Polish e-commerce platform displayed delivery options, it said on Thursday.
InPost, which was delisted in October following a takeover by a consortium led by FedEx FDX.N and Advent International, had sought a 98.7 million zloty contractual penalty, accusing Allegro of limiting the visibility of the parcel locker firm's delivery options.
Allegro expects a retroactive volume discount to add 270-280 million zlotys to its 2026 adjusted EBITDA if conditions are met
The deal replaces a 2020 contract with lower, volume-tiered prices, and Allegro can extend it by two or three years
InPost has committed to multi-year capacity guarantees and service levels, and will withdraw its arbitration claim
InPost CEO Rafal Brzoska said the deal “creates headroom to roll out innovative new services together, including beyond the Polish market”
Allegro described the agreement as the largest in the history of Poland’s logistics sector
($1 = 3.9809 zlotys)