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)