Sued Beteiligungen completed the acquisition of a 35% stake in Sovereign Speed Holding.

Sued Beteiligungen, a private equity firm, completed the acquisition of a 35% stake in Sovereign Speed Holding, a neutral and independent transport and handling specialist. Financial terms were not disclosed. “In recent months, we have intensively and diligently pursued the course for the future of the company. With SUEDBG, we have found the right partner who specializes in the long-term support of medium-sized companies and will support the strategic further development with its many years of experience. Together we have developed a solution that preserves proven structures and ensures management continuity," Karim El-Sayegh, Sovereign Speed Co-Founder.