JAS acquires Swedish freight forwarding specialist
JAS Worldwide, the global freight forwarding services provider headquartered in Atlanta, Georgia, is expanding its footprint into the Nordic, Baltic and East Europe.
The company informed it has signed a share purchase agreement to acquire Greencarrier Freight Services International, the freight forwarding, logistics, and supply chain management division of Greencarrier Group, once all regulatory approvals have been obtained from the relevant authorities.
Headquartered in Gothenburg, Sweden, Greencarrier Freight Services International operates through offices in 11 countries with 800 employees. Greencarrier offers smart and sustainable logistic solutions and supply chain management services.
Marco Rebuffi, CEO of JAS, said, “Through the acquisition of Greencarrier Freight Services, JAS is making a strategic acquisition to add to its position in the Nordic, Baltic, and Eastern European regions and strengthen existing operations in UK and China. Our respective organizations have enjoyed a longstanding partnership, and we fully expect this to be a continuation of that great atmosphere of cooperation and shared entrepreneurial spirit.”
The completion of this acquisition will close the phase that has seen the company make four acquisitions in one year, each in a different region and each designed to enhance JAS’ presence and ability to serve its clients. Following the anticipated closing of the deal, the company will focus on bringing all of the acquired companies into the JAS family.