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European law firm Fieldfisher has advised Yodel on its investment and legal strategy during its take-over by InPost. Yodel's parent company, Judge Logistics Ltd, received a £106m finance package in return for InPost’s 95.5% stake.
Yodel is a logistics company headquartered in Liverpool, which delivers millions of parcels every week across the UK. InPost, a Polish parcel locker firm, now stands to become the third-largest independent logistics firm, following its acquisition of Yodel.
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Subscribe nowA cross-practice Fieldfisher team advised Yodel using expertise from across the firm to ensure Yodel was advised throughout the process. The team was led by corporate partner Tim Bird and supported by corporate director Adam Jones, corporate senior associate Maxine Smith, corporate senior associate Josh Cronin, corporate partner Ruth Lewis, dispute resolution partner Jim Sharkey, tax senior associate Josef Korchinsky and tax solicitor Tom Karnik.
Tim Bird commented: "We are delighted to have advised Yodel on this important transaction. It was a full team effort, with multiple practices coming together to ensure Yodel benefitted from the breadth of Fieldfisher's expertise."
This deal follows a number of recent projects for the M&A team, including advising listed Swedish business Vestum on its UK acquisition, advising Astral Tech on a strategic deal to transform energy data services and advising a leading Kazakhstan telecoms company on landmark transaction.