After a thorough procurement process, Ericsson has reconfirmed its confidence in Speed Group (Speed), choosing to renew its contract for the management and development of the company’s supply hub in Borås, Sweden. The new contract runs for eight years and is estimated to be worth SEK 2.5 billion
The contract includes logistics and production services and was won in tough competition with several of the industry’s largest players. The new contract is based on increased automation to future-proof Ericsson’s solution.
“The fact that Ericsson has again once again shown its confidence in Speed is very gratifying. This will help to future-proof the company and is an acknowledgement of the high quality and precision with which Speed delivers its services. In a broader perspective, Sweden is a small and export-dependent economy and it is important that products from companies like Ericsson reach their global markets. This is something we are proud to be able to contribute to. It creates value for the whole society,” says Christian Johansson Gebauer, Chairman of the Board of Speed Group and President, Business Area Construction & Services, Ratos.
“I am incredibly proud that we, among the toughest possible competition, are Ericsson’s first choice. This is a great testament to the excellent work we do, but also to our close cooperation. We have had the privilege of working with Ericsson since 2010, and we now look forward to taking their solution to the next level together,” says Jesper Andersson, CEO of Speed Group.
The contract comes into effect on 1 July 2025. The operations will continue to be conducted from Speed’s facility in Borås, Sweden.
About Speed Group
Speed offers sustainable, flexible and innovative solutions to complex logistics, transportation and staffing challenges. Sustainability permeates the entire business, and the aim of becoming carbon neutral by 2025 was already achieved by 2023. Speed has its head office in Borås, Sweden, and logistics centres in Borås, Gothenburg, Mölndal, Stenungsund and Stockholm covering a combined total of more than 220,000 square metres. The company has sales of approximately SEK 1 billion and employs around 1,000 people.
For more information, please contact:
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21
Jesper Andersson, CEO, Speed Group, +46 76 816 68 37
