Quadient agrees to sell UK open locker network for EUR 65 million
Bitget2026/09/23 15:45- Quadient signed an agreement to sell its UK open locker network to IDS Holdco for an enterprise value of EUR 65 million.
- Deal covers about 3,000 lockers; closing expected before FY 2026 year-end.
- Transaction cuts guided FY 2026 leverage (excluding leasing) to about 1.2x from about 1.5x.
- Strategic review led to an intention to sell the wider Lockers business to sharpen focus on Digital.
- Sale process launched for remaining lockers operations; divestment expected to trim about EUR 120 million of capex over five years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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