JAS Completes Acquisition of IAA to Enhance Global Logistics Network
Deal News | Feb 21, 2025 | PR Newswire Cision JAS Worldwide
JAS Worldwide, an international leader in logistics and supply chain solutions, has completed the acquisition of International Airfreight Associates B.V. (IAA), a specialized provider of freight services, headquartered in the Netherlands. This follows the Share Purchase Agreement signed in December 2024, marking the official integration of IAA into JAS's network. JAS CEO Marco Rebuffi highlighted that this acquisition strengthens JAS's global logistics portfolio, particularly benefiting the time-sensitive perishable goods sector. IAA, renowned as a top IATA forwarder at Amsterdam Schiphol Airport, contributes its expertise in handling time-sensitive shipments of fresh goods and live animals, alongside general freight forwarding. The acquisition expands JAS's presence in the European logistics market and beyond, enhancing its customer value proposition through a comprehensive service offering and an extensive global network.
Sectors
- Logistics and Supply Chain
- Freight Forwarding
Geography
- Netherlands – The headquarters of the acquired company, International Airfreight Associates, is located in the Netherlands, making it a key geography in the article.
- United States – JAS Worldwide has its headquarters in Atlanta, Georgia, USA, making it a relevant geography in the context of this acquisition.
Industry
- Logistics and Supply Chain – The article discusses JAS, a leader in logistics and supply chain solutions, acquiring IAA to strengthen its global logistics services, highlighting its importance in the logistics and supply chain industry.
- Freight Forwarding – IAA, a significant player in the freight forwarding industry, specializes in air, sea, and road transport, making this classification relevant to the acquisition by JAS.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
JAS Worldwide | Acquirer | Company | An international leader in logistics and supply chain solutions with headquarters in Atlanta, Georgia. |
International Airfreight Associates B.V. | Target Company | Company | A specialist freight service provider headquartered in the Netherlands. |
Marco Rebuffi | CEO and Chairman of JAS | Person | CEO and Chairman of JAS who commented on the strategic benefits of the acquisition. |
Jur de Graaf | Managing Director of IAA | Person | Managing Director of IAA who expressed confidence in the opportunities arising from the acquisition. |