JAS Worldwide Expands Global Reach with Acquisition of International Airfreight Associates

JAS Worldwide's Strategic Acquisition of IAA

On December 23, 2024, JAS Worldwide, a prominent global logistics provider, announced a significant milestone in its growth strategy by signing a share purchase agreement (SPA) with International Airfreight Associates (IAA) B.V., a well-regarded Dutch transportation services provider. This acquisition is poised to greatly enhance JAS's operations, pending regulatory approval expected in the first quarter of 2025.

Strengthening Logistics Capabilities

Marco Rebuffi, the CEO of JAS Worldwide, expressed enthusiasm about the strategic alignment this acquisition brings. He commented, "This acquisition aligns with our strategic objectives and enhances our ability to deliver comprehensive logistics solutions to our clients. We are eager to finalize this agreement and excited to welcome the talented air and sea team from IAA into the JAS family."

IAA specializes in multimodal general cargo management, particularly in refrigerated goods transportation, serving not just the Netherlands but also operating from Germany. This acquisition will facilitate JAS's robust presence in critical global markets while bolstering its expertise in handling urgent perishable shipments.

Adding to this sentiment, Jur de Graaf, Managing Director of IAA, noted, "Finding the right partner to enable our growth ambitions and ensure a thriving work environment for our employees has been paramount. By joining forces, we can deliver even broader services to our existing clients, and we approach this future collaboration with confidence."

Broader Service Network

By merging the strengths of JAS Worldwide and IAA, the two companies aim to create value for their customers, offering a wider range of services coupled with a more expansive global network. JAS has established itself as a leader in innovative and sustainable logistics solutions since its inception in Milan in 1978, and with its headquarters in Atlanta, Georgia, the company thrives on providing tailored solutions for diverse client needs.

JAS Worldwide boasts a dedicated workforce of over 7,000 operating across more than 100 countries, emphasizing its commitment to customer value and operational excellence. As a private entity, JAS devotes significant resources to fostering growth opportunities for its clients and their communities, reinforcing its philosophy of collaborative success.

About International Airfreight Associates

Founded with the goal of ensuring efficient and effective logistics solutions, International Airfreight Associates B.V. is recognized for its dependable air transport services. The company, based in the Netherlands, operates several branches in Germany and employs nearly 100 professionals across key locations, including Amsterdam, Aalsmeer, Rotterdam, and Frankfurt. By specializing in the logistics of perishable products, IAA continues to cater to a vast array of clients, ensuring delivery service efficiency and satisfaction.

With the union of JAS Worldwide and IAA, the logistics landscape is set for transformative changes that will not only enhance service delivery but also empower customers with innovative solutions that meet their evolving needs. As this acquisition progresses, industry stakeholders are keenly observing how this consolidation will reshape logistics and supply chain strategies across the globe.