JAS Completes Acquisition of IAA
Deal News | Feb 22, 2025 | PR Newswire Cision JAS Worldwide
JAS, a prominent global logistics and supply chain solutions provider headquartered in Atlanta, has successfully completed the acquisition of International Airfreight Associates B.V. (IAA). This acquisition marks a pivotal expansion of JAS's logistics footprint, especially in terms of accessing key markets with a focus on time-sensitive and perishable goods logistics. The integration follows the Share Purchase Agreement signed in December 2024. IAA, with its strategic locations in Amsterdam, Aalsmeer, Rotterdam, and Frankfurt, is a major IATA freight forwarder at Amsterdam Schiphol Airport. The acquisition aligns with JAS's strategy to enhance service offerings, operational excellence, and global network breadth. Leaders from both companies expressed enthusiasm for the opportunities this merger creates for their teams and clients.
Sectors
- Logistics and Supply Chain Management
- Air Freight and Cargo Transportation
Geography
- United States – JAS is headquartered in Atlanta, Georgia, USA, and plays a central role in the acquisition.
- Netherlands – International Airfreight Associates B.V. is based in the Netherlands and is a significant player in this acquisition.
- Germany – Germany is mentioned as part of IAA's operational locations, influencing their logistical capabilities.
Industry
- Logistics and Supply Chain Management – The article discusses JAS, a logistics provider, acquiring another company to expand its service offerings and market presence.
- Air Freight and Cargo Transportation – International Airfreight Associates B.V., the acquired company, is a specialist in air, sea, and road freight services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| JAS Worldwide | Acquirer | Company | A global logistics and supply chain solutions provider based in Atlanta, Georgia. |
| International Airfreight Associates B.V. (IAA) | Target | Company | A specialized provider of air, sea, and road freight services based in the Netherlands. |
| Marco Rebuffi | CEO and President of JAS | Person | Leading JAS's strategic expansion through the acquisition of IAA. |
| Jur de Graaf | Managing Director of IAA | Person | Overseeing the transition of IAA into JAS's operations, emphasizing partnership benefits. |