Published: September 30, 2025 at 2:05 pm
Royal Mail’s parent company has acquired a minority stake in delivery network Collect+ for £43.9 million, leading to a rocketing share price for owner PayPoint.
PayPoint set up Collect+ as a joint venture with Yodel in 2009. It would buy Yodel’s stake for just £6m in 2020.
Now International Distribution Services (IDS), owner of Royal Mail, has agreed a £43.9m deal for a 49% stake in the business, valuing Collect+ at £90m. PayPoint owns the other 51% following the deal.
PayPoint’s share price has increased by nearly 10% since trading opened this morning.