Sovereign Speed's acquisition of Activ Cars air transport

Recently, the European express transportation and delivery company Sovereign Speed acquired a professional delivery company, to enter the aviation logistics market.
Located in Hamburg Sovereign Speed acquired in Bremen near Achim region of the Activ Cars Limited by Share Ltd. Activ Cars is Dieter Schewe in nineteen ninties create, specializing in aircraft parts transportation.
Executive Karim El-Sayegh Sovereign Speed group chief said: "the acquisition of Activ Cars not only increased the kinds of companies to provide services to customers, but also make the company's multinational team personnel increased by 80. The team also increased 40 trucks, most of them for the aviation industry needs special customization, such as transport wing and fuselage material and design of super wide trailer."
Schewe said: "Sovereign Speed Activ Cars took over the company has never been better. Sovereign Speed company in time goods transportation experience, have a good reputation and excellent reputation in the industry, believe that will soon have the business to track."
Both sides agreed not to disclose the deal to the outside of the amount. The acquisition by the Hamburg Germany commercial bank organization and provide most of the funds support.
Before the acquisition, Sovereign Speed in the nine city of five countries to 150 employees, has a team of 40 vehicles in the fleet, is one of the suppliers plan time transportation solution to Europe's emergency freight industry.
MYEX Minya Express International
2013-08-19