JAS Completes Acquisition of IAA in Strategic Expansion
Deal News | Feb 21, 2025 | PR Newswire Cision JAS Worldwide
JAS Worldwide, a leader in logistics and supply chain solutions, has successfully acquired International Airfreight Associates B.V. (IAA), a Netherlands-based provider of air, sea, and land transport services. The acquisition follows a Share Purchase Agreement signed in December 2024, marking the official integration of IAA into JAS’s global network. IAA, one of the top three IATA carriers at Amsterdam’s Schiphol Airport, specializes in managing shipments of perishable goods, livestock, and general multimodal cargo. This acquisition enhances JAS's global logistics portfolio, particularly strengthening its presence in the European market and offering expanded services for clients in the perishable goods sector. Marco Rebuffi, CEO and President of JAS, and Jur de Graaf, Managing Director of IAA, highlight the synergies and growth opportunities anticipated from this union.
Sectors
- Logistics and Supply Chain
- Transportation
Geography
- Netherlands – International Airfreight Associates B.V. is based in the Netherlands, and its operations include strategic locations like Amsterdam.
- United States – JAS is headquartered in Atlanta, Georgia, and the company's global expansion through this acquisition includes the U.S. market.
- Europe – The acquisition enhances JAS's presence in the European logistics market, particularly in countries such as the Netherlands, Belgium, and Germany.
Industry
- Logistics and Supply Chain – The article focuses on the acquisition of International Airfreight Associates by JAS Worldwide, both of which operate in the logistics and supply chain industry.
- Transportation – IAA specializes in air, sea, and land transport services, linking the article to the transportation industry as it discusses logistics improvements and service expansions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| JAS Worldwide | Acquirer | Company | A global leader in logistics and supply chain solutions, headquartered in Atlanta, Georgia. |
| International Airfreight Associates B.V. (IAA) | Target | Company | A Netherlands-based provider of air, sea, and land transport services. |
| Marco Rebuffi | CEO and President of JAS | Person | Chief Executive Officer and President at JAS, overseeing the strategic directions of the company. |
| Jur de Graaf | Managing Director of IAA | Person | Managing Director at International Airfreight Associates, involved in leading the company's operations. |