Jas Worldwide has signed a share purchase agreement to acquire Swedish-headquartered forwarder Greencarrier Freight Services International.
Greencarrier Freight Services International — a subsidiary of Greencarrier Group — offers freight forwarding, logistics, and supply chain management services. It has a presence in 11 countries and has a team of 800 employees.
Jas Worldwide said that when complete, the acquisition of Greencarrier Freight Services International will be its fourth this year — each in a different region — marking an “important phase” in its history.
Marco Rebuffi, chief executive of Jas Worldwide, commented: “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 organisations have enjoyed a longstanding partnership, and we fully expect this to be a continuation of that great atmosphere of cooperation and shared entrepreneurial spirit.”
Mikael Forsberg, chief executive of Greencarrier Freight Services, added: “This is a great match of businesses, and we are excited to continue the journey with our long-term partner, Jas Worldwide. The two networks combined will enable us to offer our customers an even higher service level, broader solutions and access to a truly global network.”
Stefan Björk, owner of Greencarrier Group, said: “In an ever-evolving freight market it is my true belief, that scale, resilience and a multi-market approach will be key to more success in the future. That is why I am sincerely happy about handing over the torch to Jas Worldwide and the Greencarrier Freight Services leadership team to continue the good work and take care of our customers and employees.”
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