JAS Completes Acquisition of International Airfreight Associates B.V.
Deal News | Feb 22, 2025 | PR Newswire Cision JAS Worldwide
JAS, a global leader in logistics and supply chain solutions based in Atlanta, has successfully completed the acquisition of International Airfreight Associates B.V. (IAA), a Dutch company specializing in air, sea, and road freight services. This acquisition, which follows the signing of the share purchase agreement in December 2024, marks the official integration of IAA into the JAS network. By acquiring IAA, JAS aims to enhance its logistics portfolio and access to key markets, particularly in the time-sensitive perishable goods sector. Marco Rebuffi, President and CEO of JAS, expressed pride in welcoming IAA's experienced team and is excited about providing excellent services to their customers. Jur de Graaf, Managing Director of IAA, emphasized the global opportunities and superior logistics solutions this merger brings for clients. IAA, a key player in Amsterdam's Schiphol Airport's logistics, extends its operations across the Netherlands, Belgium, and Germany. The acquisition is set to bolster JAS's global service portfolio by expanding its European market presence and enhancing operational excellence.
Sectors
- Logistics and Supply Chain Management
- Transportation and Freight Services
Geography
- United States – JAS is headquartered in Atlanta, Georgia, and its acquisition efforts highlight the expansion strategy of a US-based company into international markets.
- Netherlands – IAA is based in the Netherlands, with strategic operations there, making the country central to this acquisition.
- Europe – The acquisition broadens JAS's European market presence, as IAA operates in multiple European countries, including Belgium and Germany.
Industry
- Logistics and Supply Chain Management – The acquisition highlights significant activities within the logistics and supply chain management sector, focusing on expanding logistics networks and enhancing service offerings.
- Transportation and Freight Services – Both JAS and IAA provide services that fall into the transportation and freight sectors, including air, sea, and road transportation, essential for the movement of goods globally.
Financials
- Not Disclosed – The financial terms of the acquisition were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| JAS Worldwide | Acquirer | Company | A global leader in logistics and supply chain solutions, based in Atlanta, Georgia. |
| International Airfreight Associates B.V. (IAA) | Target | Company | A Netherlands-based provider of air, sea, and road freight services. |
| Marco Rebuffi | President and CEO of JAS | Person | Marco Rebuffi leads JAS and commented on the strategic benefits of the acquisition. |
| Jur de Graaf | Managing Director of IAA | Person | Jur de Graaf oversees IAA operations and expressed optimism about the merger's opportunities. |