Our History

The background of a successful business

Jarl Ternander and Daniel Johansson founded Speed in 2004 . Their idea was to help businesses with tasks that fall outside of their core activities. The first focus was staffing for electronics manufacturing. It proved to be an excellent and much sought after business concept.

We started our own production one year later and realized the value of employing staff in our own production when not outsourced. This way, Speed can continuously improve the competence of the staff we outsource, and we can assign clients the same staff every time.

Progress was fast. By 2006, we established the first warehouse and introduced recruitment services for the same fields of business where we were offering staffing, production and warehouse services. The internal and external education services commenced soon after.

Ratos became our majority owner in 2005. At that time, Speed had gone from a turnover of SEK 2 million to just over SEK 500 million, and the Dagens Industri newspaper gave us Sweden’s Gazelle Business award for 2014. Today, Speed is operating all over Sweden. We have more than 1,000 employees and large, modern warehouses and logistics centers in Borås and the Gothenburg harbor.