Speed Group
Speed Group is a Sweden-based 3PL/4PL logistics provider owned by Ratos, offering warehousing, transport management, assembly, and returns services to enterprise and mid-market Nordic customers across retail, industrial, telecom, automotive, and publishing verticals.
- Company typePrivate
- Founded2004
- HeadquartersBorås, Sweden
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Speed Group does
Speed Group AB is a Swedish third-party and fourth-party (3PL/4PL) logistics provider headquartered in Borås, founded in 2004 and owned by the Swedish private equity group Ratos. The company operates an integrated logistics platform spanning warehousing, transport management (land/sea/air), assembly and production-near services, returns management, cross-docking, battery storage, and customs warehousing, with industry-tailored solutions for retail and e-commerce, industrial and manufacturing, telecom, automotive, plastics, and publishing customers.
Speed runs automated facilities at multiple sites across Sweden (Borås HQ, Gothenburg/Arendal, Stockholm/Rosersberg, Mölndal, Helsingborg, Falkenberg under construction) and Norway (Moss), with proprietary renewable energy infrastructure including one of Sweden's largest rooftop solar installations (53,000 m² at Borås producing 4 million kWh annually, plus 3,000 m² at Rosersberg). It has built a largely automated warehouse management stack anchored by Autostore robotics. The company has expanded through four acquisitions since 2021 — Dream Logistics 4PL, Scandi Terminal, Supplier Partner, and Nord Logistics — and is now divesting its non-core staffing/recruitment business to NearYou to concentrate fully on logistics.
Revenue is generated primarily through multi-year enterprise contracts with custom pricing, a sales-led go-to-market targeting enterprise and mid-market accounts, and a heavy anchor relationship with Ericsson (SEK 2.5 billion, 8-year contract renewed December 2024). Other named customers include Plantagen, ICIW, Didriksons, Dr Denim, HL Display, STIGA Sports, Willhem, Scandinavian Photo, Armatec, and IMI Hydronics. Speed achieved climate neutrality in its own operations in 2023, two years ahead of its 2025 target.
Speed Group firmographics
Firmographics- Name
- Speed Group
- Legal name
- Speed Group AB
- Website
- https://speedgroup.se
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Speed Group is a Sweden-based 3PL/4PL logistics provider owned by Ratos, offering warehousing, transport management, assembly, and returns services to enterprise and mid-market Nordic customers across retail, industrial, telecom, automotive, and publishing verticals.
- Ownership category
- akta.pro rank
Speed Group industry classification
Industry- Product category
- Third-Party Logistics (3PL) and Contract Logistics Services
- NAICS
- Warehousing and Storage (493), Freight Transportation Arrangement (48851)
- SIC
- Public Warehousing & Storage (4220), Arrangement Of Transportation Of Freight & Cargo (4731)
- akta.pro primary industry
- Customer/Outbound Logistics Management (OTIF, Appointment Scheduling) (TLAIABAL)
- akta.pro secondary industries
- Ambient General Merchandise Warehousing (Dry Storage) (TLAIACAA), Lithium Batteries & Energy Storage DG Logistics (UN38.3, Class 9) (TLAIAJAG), Waste, Recycling & Environmental Logistics (Asset-Based Haulage) (TLAIAMAK)
Keywords
Where Speed Group is headquartered
LocationHeadquarters
- HQ city
- Borås
- HQ country
- Sweden
- HQ region
- Europe
Offices8 records
Markets served
Speed Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Third-Party Logistics (3PL) Services: Core logistics services including warehouse management, order fulfillment, inventory management, and distribution for retail, e-commerce, and industrial customers. Revenue is generated through long-term contracts with fees based on warehouse volume, order processing, and complexity of logistics requirements.
- Transport Management / Freight Management: Transport management services (4PL) encompassing freight booking, route optimization, tracking, deviation handling, and climate reporting. Services span land, sea, and air freight. Revenue generated through management fees and transaction-based pricing for transport services.
- Assembly and Production Services: Value-adding services including assembly, packaging, labeling, testing, and other production-near services integrated with logistics operations. Revenue generated as part of comprehensive logistics packages or standalone service contracts.
- Returns Management: Specialized returns handling services for e-commerce and retail customers, managing reverse logistics efficiently. Revenue generated through per-return fees or bundled service packages.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise logistics contracts with customized pricing based on volume and service scope |
| Subscription | Annual | Mid-market contracts with scalable logistics solutions |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Speed Group product offering
Product offeringCore offering
Speed Group provides third-party logistics (3PL) and fourth-party logistics (4PL) services, including warehousing, inventory management, order fulfillment, distribution, transport management across road, sea, and air freight, plus value-added services such as assembly, packaging, labeling, returns management, cross-docking, customs warehousing, and bulk product handling. The company operates automated facilities in Sweden and Norway on long-term contracts for enterprise and mid-market customers across retail/e-commerce, industrial, telecom, automotive, plastics, and publishing verticals.
Product overview
Speed Group operates as a comprehensive logistics platform offering both 3PL (Third Party Logistics) and 4PL (Fourth Party Logistics) services. The core platform centers on 3PL logistics services complemented by Transport Management capabilities. Additional modules include Assembly & Production Services, Return Management, Cross-Docking, Battery Storage, and Customs Warehousing. The company serves industry-specific needs through tailored solutions for Publishers, Retail & E-commerce, Automotive Industry, Plastic Industry, and Telecom. Through acquisitions, Speed has expanded to include 4PL transport management (Dream Logistics) and specialized bulk products logistics (Scandi Terminal).
Differentiator
Problem solved
Functional benefit
Products and services
- 3PL Third Party Logistics Third-party logistics services providing comprehensive warehousing, inventory management, order fulfillment, and distribution solutions tailored to specific industry needs for enterprise and mid-market customers.
- Transport Management / Frakt- & Transporthantering Freight and transport management services covering booking, route optimization, tracking, deviation handling, and climate reporting for national and international shipments across road, sea, and air freight.
- Assembly & Production Services Production-near services including flexible assembly, packaging, labeling, testing, and other value-adding operations integrated with logistics operations to make production efficient and scalable.
- Returns Management Handling of product returns including processing, inspection, restocking, and disposal solutions, offered as a specialized reverse logistics service for e-commerce and retail customers.
- Cross-Docking Cross-docking services enabling direct transfer of goods from incoming to outgoing vehicles with minimal or no warehousing time.
- Battery Storage Specialized storage solutions for batteries with safety-compliant handling and storage infrastructure.
- Customs Warehousing Customs bonded warehouse services enabling duty-free storage of goods pending customs clearance.
- 4PL Transport Management (via Dream Logistics) Fourth-party logistics services providing logistics consulting, transport procurement, and implementation of cost-effective transport solutions, delivered through Speed's Mölndal control tower following the Dream Logistics 4PL acquisition.
- Bulk Products Logistics (via Scandi Terminal) Specialized niche logistics for bulk products including warehousing, transport, and repackaging services for process industry customers, operated from Speed's Stenungssund site following the Scandi Terminal acquisition.
Quantifiable outcome
- Climate neutral in own operations since 2023 (ahead of 2025 target)
- +3 more outcomes
Companies that use Speed Group
Customer profileNamed customers15 records
Segments5 records
Ideal customer profiles4 records
Speed Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Speed Group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core, major and minor.
- CleanSeacoreEnvironmental partnership where Speed adopted two bays in Bohuslän for coastal cleanup. Speed participates in beach cleanups, removing plastic waste from coastlines. CleanSea started as a UF (entrepreneurship) project and has grown into an organization making real environmental impact. Partnership combines environmental action with support for young entrepreneurs.
- NearYoumajorSpeed is divesting its staffing/personnel solutions business to NearYou, a staffing company. The divestment includes staffing, recruitment, and training operations. This strategic transaction focuses Speed fully on logistics and transportation solutions while transferring staffing expertise to a specialized provider. Completion subject to competition authority approval, expected Q4 2025.
- Stena RecyclingcoreStrategic partnership for wood waste recycling. Previously, Speed's wood waste (36% of total waste, mostly packaging) went to energy recovery. Through this partnership, wood is now crushed at Speed's Borås facility, then transported to Stena where it's quality-checked, finely crushed, and sorted for particle board production. This reduced wood waste to energy recovery from 63% to just 10%, creating circular economy benefits.
- One Tree PlantedminorTree planting organization partnership as part of Speeds sustainability initiatives. For each Christmas gift given to employees, One Tree Planted plants a tree on behalf of Speed. Total of 1,488 trees planted through this initiative.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
Speed Group competitors and assessment
Company assessmentBroad incumbents
- GXO Logistics, Inc. US-listed pure-play contract logistics specialist focused on automated, high-SKU warehousing; relevant comp for Speed's Autostore-driven retail and e-commerce 3PL model.
- DSV A/S: Danish-headquartered global freight forwarding and contract logistics incumbent; competes with Speed for Nordic enterprise freight and warehousing RFPs, including the Ericsson contract scope.
- Kuehne+Nagel International AG: Global top-tier 3PL/4PL with a large Nordic contract-logistics book; comparable for benchmarking contract terms, automation scale and enterprise customer patterns.
- DHL Supply Chain (Deutsche Post DHL Group): Global supply-chain solutions arm of DHL Group, with a sizable Nordic footprint in warehousing, transport management and value-added services — direct functional competitor to Speed.
- Maersk Logistics & Services (A.P. M\u00f8ller-M\u00e6rsk): Global integrator combining ocean, inland and contract logistics; relevant comp since Nord Logistics added sea/air freight capacity to Speed, putting both on convergent end-to-end logistics positioning.
Direct peers
- PostNord (PostNord Logistics): State-linked Nordic postal and contract logistics group; directly comparable as a 3PL/4PL provider serving Swedish and Nordic enterprise customers across warehousing, distribution and transport management.
- NTEX AB: Swedish-headquartered transport, forwarding and 3PL provider with a similar Nordic customer base and overlapping services in road freight, warehousing and contract logistics.
- Logent AB: Swedish contract logistics specialist offering warehousing, distribution and customized supply-chain solutions; directly comparable in customer profile and 3PL service scope.
- PostNord TPL (PostNord Third-Party Logistics): PostNord's contract-logistics arm competes for the same set of retailers and industrial shippers Speed targets; most direct overlapping service catalogue.
Regional players
- Bring (Norwegian Post Group): Norwegian parcel and contract logistics arm of Posten; closest competitor in the Norwegian market where Speed just opened Moss via the Plantagen contract.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Speed Group social profiles
Digital presenceSpeed Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Speed Group leadership team
Management profileNumber of profiles
Profiles5 records
Speed Group subsidiaries and ownership
Company hierarchySubsidiaries4 records
Speed Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Speed Group M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Speed Group
What does Speed Group do?
Speed Group provides third-party logistics (3PL) and fourth-party logistics (4PL) services, including warehousing, inventory management, order fulfillment, distribution, transport management across road, sea, and air freight, plus value-added services such as assembly, packaging, labeling, returns management, cross-docking, customs warehousing, and bulk product handling. The company operates automated facilities in Sweden and Norway on long-term contracts for enterprise and mid-market customers across retail/e-commerce, industrial, telecom, automotive, plastics, and publishing verticals.
Is Speed Group a public or private company?
Speed Group is a private company. It is classified as private equity controlled and is currently operating.
When was Speed Group founded?
Speed Group was founded in 2004. It employs 1,001 to 5,000 people.
Where is Speed Group based?
Speed Group is headquartered in Borås, Sweden, in the Europe region.
How does Speed Group make money?
Four revenue lines are on record. Third-Party Logistics (3PL) Services are the primary driver. The others are transport Management / Freight Management, assembly and Production Services and returns Management.
Who are Speed Group's main competitors?
Broad incumbents on record are GXO Logistics, Inc., DSV A/S, Kuehne+Nagel International AG, DHL Supply Chain (Deutsche Post DHL Group) and Maersk Logistics & Services (A.P. M\u00f8ller-M\u00e6rsk). Direct peers are PostNord (PostNord Logistics), NTEX AB, Logent AB and PostNord TPL (PostNord Third-Party Logistics). Bring (Norwegian Post Group) is listed as a regional player.
Does Speed Group have an API?
No public API is recorded for Speed Group.
What industry is Speed Group in?
Speed Group's product category is Third-Party Logistics (3PL) and Contract Logistics Services. Its primary akta.pro industry code is TLAIABAL, Customer/Outbound Logistics Management (OTIF, Appointment Scheduling), with a secondary code of TLAIACAA, Ambient General Merchandise Warehousing (Dry Storage). Its NAICS code is 493 and its SIC code is 4220.