M&A Deal Summary

JAS Acquires Setoa

On August 23, 2024, JAS acquired transportation company Setoa

Acquisition Highlights
  • This is JAS’s 4th transaction in the Transportation sector.
  • This is JAS’s 2nd transaction in Italy.

M&A Deal Summary

Date 2024-08-23
Target Setoa
Sector Transportation
Buyer(s) JAS
Deal Type Add-on Acquisition

Target

Setoa

Lissone, Italy
Setoa operates in the field of international, sea, air, land, and multimodal shipments (special equipment out of gauge, from living modules to cooling towers, from transformers to generators). Setoa is based in Lissone, Italy.

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Buyer(S) 1

Buyer

JAS

Atlanta, Georgia, United States

Category Company
Founded 1978
Sector Transportation
DESCRIPTION

JAS is a freight forwarding services provider. JAS covers 90+ countries with 335 offices and official agents and has over 4,000 employees globally. JAS was founded in 1978 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 4 of 5
Sector: Transportation M&A 4 of 5
Type: Add-on Acquisition M&A Deals 3 of 4
Country: Italy M&A 2 of 2
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-30 Multilogistics

Milan, Italy

Multilogistics provides a comprehensive and versatile Organization to give its Customers dedicated expertise and customized solutions to any kind of Service. Multilogistics is based in Milan, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-20 International Airfreight Associates

Hoofddorp, Netherlands

International Airfreight Associates provides air, ocean, and road freight services and offers moving fresh perishable goods, livestock, and multimodal supply chain solutions for a diverse range of clients. International Airfreight Associates is based in Hoofddorp, Netherlands.

Buy -