- Business
- Jetpak Top Holding AB (publ) serves as the holding company for the Jetpak Group, a provider of time-critical courier, express, and logistics services primarily in the Nordic region and select European markets. Founded in 1979 and headquartered at Tornvägen 17A in Stockholm-Arlanda, Sweden, the company operates through two main segments: Express Air, which offers Jetpak Direct for same-day door-to-door deliveries, Jetpak Next Day for next-day service, customized customer solutions, and linehaul airport-to-airport transport utilizing access to approximately 4,000 daily flights; and Express Road, which provides door-to-door courier express, systematic local distribution via courier logistics, depot short-term storage, and distribution transport including air terminal logistics. The company serves industries such as healthcare, aerospace, manufacturing, and automotive, with a network spanning over 170 locations, more than 950 delivery vehicles, and proprietary IT platform JENA for optimal air-road routing; it maintains a point-to-point presence in more than 150 sites across Sweden, Norway, Finland, Denmark, and parts of Europe including the Netherlands and the United Kingdom. Recent developments include the acquisitions of BudAB in Sweden and Kvalitetstransport A/S in Norway for NOK 22 million, enhancing road segment capabilities in distribution, storage, and airport logistics, with both fully integrated and performing as planned; a harmonized transport management system rollout in the fourth quarter of 2024; and in November 2024, Paradeigma Partners AB-led consortium acquired over 90% ownership, prompting a compulsory redemption for minority shares and application for delisting from Nasdaq First North Premier Growth Market by year-end 2024.