Speed acquires Supplier Partner.

1 min read

Speed acquires Supplier Partner.

Speed acquires Supplier Partner.
1:28

PRESS RELEASE: Speed signs an agreement to acquire Gothenburg-based Supplier Partner, a company in industrial logistics. Through the acquisition, Speed broadens its offering in the industrial segment and expands its presence in expansive Arendal near the port of Gothenburg.

Speed is one of Sweden's largest providers of logistics services, 3PL and 4PL. The company is now further strengthening its customer offering by adding Supplier Partner to its portfolio. Supplier Partner is based in Arendal, Gothenburg and was founded in 1995.

     - We have an explicit acquisition strategy that focuses on synergistic and profitable companies that can broaden our customer offering in attractive niches. Supplier Partner fits in well here. We see great potential in the company's offering and look forward to continuing to develop the business together with the site management and all the talented employees, says Jesper Andersson, CEO of Speed.

Supplier Partner has a turnover of approximately SEK 60 million and the former main shareholder, Dick Karlsson, has now chosen to divest.

     - It feels safe to hand over ownership to Speed, it is a healthy company with good values and the right focus. Supplier Partner will be in very good hands and I am convinced that with Speed behind us, the opportunities for customers will be even greater and additional customer value can be created, says Dick Karlsson.