JAS Worldwide Acquires International Airfreight Associates to Enhance Logistics Network

A Strategic Acquisition in Logistics

On December 23, 2024, JAS Worldwide, a leader in logistics and supply chain management, announced its intent to acquire International Airfreight Associates (IAA) B.V. This move is outlined through a Share Purchase Agreement (SPA), which promises to broaden JAS's operational capabilities and enhance service offerings for clients across the globe.

JAS Worldwide, originally founded in Milan in 1978 and now headquartered in Atlanta, Georgia, has more than 7,000 team members working in over 100 countries. The company is recognized for its innovative and tailored logistics solutions that meet the unique needs of its diverse clientele. The acquisition of IAA, which specializes in handling perishable goods and multi-modal transportation, is in line with JAS’s strategic objectives to solidify its presence in critical markets.

Enhancing Capabilities

According to Marco Rebuffi, CEO of JAS Worldwide, this acquisition is fundamentally aimed at enhancing their logistical capabilities and providing comprehensive services to their customers. Rebuffi expressed enthusiasm for bringing IAA's team into the JAS family, stating, "This acquisition aligns with our strategic goals and enhances our ability to provide comprehensive logistics solutions to our clients. We eagerly await the finalization of this deal and look forward to welcoming IAA's talented air and ocean team into the JAS family."

International Airfreight Associates, based in the Netherlands with operations in Germany, has built a reputation as a trusted provider of air and ocean freight services. Under the leadership of Managing Director Jur de Graaf, IAA has ambitious growth plans that this partnership will facilitate. De Graaf noted, "In JAS Worldwide we have found the right party to realize our growth ambitions and guarantee a pleasant working environment for our employees. By joining forces, we can also offer an even broader service to our current customers. We therefore look to the future with confidence."

Strengthening Global Footprint

The completion of this acquisition is expected by the first quarter of 2025, pending regulatory approval. Once finalized, the merger will position JAS Worldwide to leverage IAA’s specialized expertise in transporting perishable products, thereby enhancing its service offerings. The combined strengths are projected to deliver exceptional value through a more extensive global network and improved service capabilities.

This acquisition represents a significant milestone in JAS Worldwide's ongoing evolution in the logistics sector. By bringing the reliable capabilities of IAA into its portfolio, JAS not only diversifies its service offerings but also enhances its expertise in time-sensitive shipments.

About JAS Worldwide

JAS Worldwide continues to pave the way in logistics and supply chain solutions since its inception, focusing on innovation and sustainability tailored to unique customer needs. The dedication of its team members plays a crucial role in maintaining high standards of customer service.

About International Airfreight Associates B.V.

Founded in the Netherlands, IAA is well-versed in airfreight logistics, with a significant focus on perishable goods. Their operations span key cities including Amsterdam, Aalsmeer, Rotterdam, and Frankfurt, employing nearly 100 individuals dedicated to providing bespoke logistics solutions.

As both companies move toward integration, the industry watches closely as this acquisition could potentially reshape market dynamics by enhancing service capabilities and operational efficiencies.

In conclusion, the merger of JAS Worldwide with International Airfreight Associates signals a robust future for logistics, aimed at meeting growing global demand and customer expectations. As the logistics landscape continually evolves, such strategic acquisitions will be essential in navigating new challenges and opportunities on the horizon.