Quadient agrees to sell UK open locker network for EUR 65 million

Bitget2026/09/23 15:45

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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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quadient SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609231145OMX_____CNEWS_EN_GNW1001274247_en) on September 23, 2026, and is solely responsible for the information contained therein.

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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Quadient agrees to sell UK open locker network for EUR 65 million

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