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JAS Jet Air Service S.p.A., a JAS Worldwide group company leader in international shipping, announces two new acquisitions: Multilogistics S.p.A. and Setoa S.p.A.

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August 21, 2024
JAS Jet Air Service S.p.A., a JAS Worldwide group company leader in international shipping, announces two new acquisitions: Multilogistics S.p.A. and Setoa S.p.A.
JAS Jet Air Service S.p.A., a JAS Worldwide group company leader in international shipping, announces two new acquisitions: Multilogistics S.p.A. and Setoa S.p.A.

JAS is thrilled to welcome Multilogistics S.p.A. and Setoa S.p.A., which officially join the group on May 27 and July 10, respectively, following the acquisitions led by JAS Jet Air Service SpA. 

With the acquisition of Multilogistics, JAS strengthens its logistics presence in Europe and is preparing to expand its offerings to customers in the increasingly in-demand vertical sector of Contract Logistics. Multilogistics is known for its highly specialized and customized customer solutions, thanks to the deep experience that has always distinguished it in the logistics sector.

Multilogistics is based in Liscate (Milan), not far from the original offices where JAS began its journey and which over the last four decades have led it to significant global growth. The success achieved is certainly the result of choosing to collaborate and select companies that, like Multilogistics, invest in their employees and maintain high standards in customer services.

"We are thrilled to join forces with JAS Jet Air Service and the JAS Worldwide Group, a recognized leader in the global logistics industry," said Massimo Mirizzi, President and CEO of Multilogistics. This partnership offers tremendous opportunities for our team and our customers. By combining our local expertise with JAS Worldwide's global reach and innovative, sustainable solutions, we can offer our customers added value in their business and excellent service."

With the acquisition of Setoa S.p.A., JAS further expands its business into new markets, adding West Africa in particular among the territories now covered directly by its services. Thanks to Setoa's entry into the group, JAS's offer now expands to Senegal, Côte d'Ivoire, Cameroon, Ghana, Gabon, Congo, Mali and Burkina Faso.

"Both of these acquisitions represent an important step in our growth strategy and I am confident that they will create new synergies that will better meet the needs of our customers with an advanced range of logistics solutions expanding our global footprint with these new markets," said Leonardo Baldi, Regional Vice President and CEO of JAS Italy. 

Since 1997, Setoa has boasted considerable experience in a complex and peculiar market such as the African one and can offer a highly customized service to customers. Its expertise gained over almost thirty years in this niche market, combined with JAS's experience and vast worldwide network, will contribute to enriching the offer to customers with complete and innovative solutions.

"The acquisition of Setoa Italia S.p.A. by the JAS Group marks an important evolution in the expansion and strengthening of our global capabilities," said Massimo Boccadelli, CEO of Setoa Italia S.p.A. "This combination will allow us to offer our customers an even wider range of innovative services and solutions, consolidating our leadership in the international shipping sector in West Africa. The collaboration between Setoa and JAS will redefine the market standards in Africa, opening up new prospects for growth and success worldwide."

About JAS Worldwide 

JAS Worldwide, a global leader in logistics and supply chain solutions, was founded in Milan, Italy in 1978. Headquartered in Atlanta, Georgia and supported by 7,000+ team members in more than 100 countries, it focuses on creating solutions that are innovative, sustainable, and unique to each customer's needs. At the heart of its success is its people, who are committed to delivering customer value. As a privately owned company, JAS maintains a steadfast commitment to creating opportunities for our communities, customers, and colleagues to thrive. Together. 

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JAS completes the Acquisition of IAA

ATLANTA, February 20, 2025 – JAS, a global leader in logistics and supply chain solutions, has successfully completed its acquisition International Airfreight Associates B.V. ("IAA"), a specialized provider of Air, Ocean and Road Freight services headquartered in the Netherlands. This milestone follows the signing of the Share Purchase Agreement (SPA) announced in December 2024 and marks the official integration of IAA into the JAS network.

"The acquisition of IAA strengthens the JAS global logistics portfolio and access to key markets, particularly in the time-critical perishable goods sector," said Marco Rebuffi, CEO and President of JAS. "We are proud to welcome IAA's talented highly experienced team to JAS and are looking forward to delivering excellent service to our customers together."

Jur de Graaf, Managing Director of International Airfreight Associates, added, "Joining JAS allows us to expand our services globally and continue delivering high-quality logistics solutions for our customers. We are confident that our partnership will create new opportunities for our employees, partners and clients.”

IAA is one of the top 3 IATA forwarders at Amsterdam Schiphol Airport with Warehouses and Operations in the Netherlands, Belgium and Germany. IAA specializes in managing time-sensitive perishable fresh goods and livestock shipments as well as multimodal general cargo.

The acquisition strengthens JAS global service portfolio by enhancing the footprint in the European logistics market and beyond. Together, JAS and IAA teams will drive customer value through expanded service offerings, operational excellence, and an even broader global network.

About JAS

JAS, a global leader in logistics and supply chain solutions, was founded in Milan, Italy, in 1978. Headquartered in Atlanta, Georgia, and supported by 7,000+ team members in more than 100 countries, JAS focuses on creating solutions that are innovative, sustainable, and tailored to customer needs. As a privately owned company, JAS is committed to creating opportunities for communities, customers, and colleagues to thrive.

About International Airfreight Associates B.V.

International Airfreight Associates B.V. ("IAA") is a specialized provider of Air, Ocean and Road Freight services headquartered in the Netherlands. With nearly 100 employees and strategic locations and operations including Amsterdam, Aalsmeer, Rotterdam, and Frankfurt, the company specializes in moving fresh perishable goods, livestock and multimodal supply chain solutions for a diverse range of clients.

JAS Poland proudly took home three awards at the Lufthansa Cargo Partner Event in Warsaw, recognizing our outstanding performance in 2024.

On January 24, 2025, industry leaders gathered at the Renaissance Warsaw Airport Hotel to celebrate a year of collaboration with Lufthansa Cargo.

The evening brought together key partners to reflect on past achievements, discuss future opportunities, and recognize outstanding performance across the logistics sector.

JAS Poland had a standout night, earning three awards for exceptional performance in 2024:

  • 1st Place – Jumper of the Year 2024
  • 2nd Place – Performer in Revenue
  • 3rd Place – Performer in WACD Market Share

The event featured an inspiring speech by Ashwin Bhat, CEO of Lufthansa Cargo AG, and a panel discussion on the evolving landscape of e-commerce. The awards gala was a testament to the strong partnerships and shared success within the industry.

A heartfelt thank you to Lufthansa Cargo for their continued trust and collaboration. Here’s to another year of reaching new heights!

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The European Union's Sustainable Aviation Fuel (SAF) mandate is set to reshape the aviation industry, requiring airlines to incorporate a minimum of 2% SAF in their fuel mix starting in 2025. This regulation represents a major step toward reducing carbon emissions, but it also brings substantial cost challenges for carriers operating across Europe.

Impact on Freight Costs and Sustainability Surcharges

The implementation of the SAF mandate is driving up operational costs for airlines, directly influencing freight rates. To offset these additional expenses, airlines are introducing mandatory sustainability surcharges on shipments departing from or transiting through European airports. While this presents immediate financial challenges, it also serves as a catalyst for innovation and investment in alternative fuels, paving the way for a more sustainable aviation sector.

Balancing Cost and Sustainability

As airlines adapt to these regulatory changes, they must navigate the delicate balance between cost management and environmental responsibility. The evolution of SAF production, along with advancements in supply chain logistics, will play a critical role in determining how efficiently the industry can meet these mandates. Collaboration between fuel suppliers, airlines, and logistics partners will be essential to ensuring a smooth transition.

Stay Informed with JAS

To help our customers understand the implications of this new regulation, we invite you to download HERE the JAS One-Pager on the ReFuelEU Aviation Regulation. This resource provides a clear and user-friendly overview of the changes and their impact on airfreight logistics. Additionally, you can visit the ReFuelEU Aviation Regulation website for further details (ReFuelEU Aviation Regulation website )

At JAS, we are committed to clear and transparent communication regarding regulatory changes affecting global supply chains. If you have any questions or concerns, please do not hesitate to contact your nearest JAS representative for more information and tailored support.

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