JAS Worldwide's subsidiary in Brazil acquires Sonave Logistica
JAS Worldwide's subsidiary, JAS Brazil, has acquired 100 per cent of the shares of Sonave Logistica on January 1.
Sonave has been JAS Brazil’s exclusive agent in Belo Horizonte (Minas Gerais) and Curitiba (Parana) for the past 10 years, providing freight and logistics services. The two companies have successfully expanded their global business during the ensuing years. Sonave Logistica, founded in 1983, has been owned and managed by Leonardo Abreu and Ricardo Nunes, both of whom will remain with the company in executive functions.
“Joining JAS Worldwide is the logical outcome of a successful relationship, opening new opportunities for our employees and customers,” said Leonardo Abreu, president of Sonave Logistica.
“The integration into JAS Worldwide, especially as we take advantage of JAS’ strong suite of global IT solutions, will bring better visibility and reporting capabilities for our clients and increase our competitiveness in the market,” said Ricardo Nunes, president of Sonave Logistica.
The two companies have similar values and complement each other in their geographical footprint.
Of the acquisition, Adrian Emmenegger, executive vice president of the Americas at JAS Worldwide said, “We are pleased to welcome the Sonave team to the JAS family and look forward to the growth the combined company will bring - because people do make the difference.”