Sweden: LBC Borås sells Logistikpalatset Borås to Speed Group

07.06.2017

Sweden: LBC Borås sells Logistikpalatset Borås to Speed Group
Svensk Åkeritidning, 07 Jun 2017, online:-
Swedish transport and logistics company LBC Borås has divested logistics subsidiary Logistikpalatset Borås to logistics company Speed Group. The transaction entered into effect on 1 June. Annual turnover in Logistikpalatset Borås amounts to about SEK 20mn (EUR 2.06mn USD 2.32mn). The company has eight employees and operates about 15,000 square metres of storage space. The divestment is part of a strategy in LBC Borås to increase its focus on core activities within transport and machinery services.
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