Jas Worldwide to acquire Greencarrier Freight Services

Image: Shutterstock

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.”

Share this story

Related Topics

Latest acquisitions news

DSV raises €5bn to part fund Schenker acquisition

DSV has raised €5bn through a share sale to help fund its €14.3bn purchase of DB Schenker. The “oversubscribed” offering…

Read More

Share this story

Kales expands in Turkey with acquisition of ACT

GSSA Kales Group has acquired Turkey-based ACT Global as part of efforts to expand its presence in the country. Kales…

Read More

Share this story

Deutsche Bahn approves sale of DB Schenker to DSV

Deutsche Bahn has approved the sale of its freight forwarding business DB Schenker to transport and logistics group and fellow…

Read More

Share this story