USA-headquartered JAS Worldwide has entered into an agreement to acquire Greencarrier Freight Services International – the logistics and supply chain management division of Greencarrier Group.

JAS said that the completion of the deal, which is subject to regulatory approvals, will close an important phase of expansion for the company during which it made four acquisitions in one year, each in a different region.

The acquisition of Sweden-headquartered Greencarrier, according to ceo Marco Rebuffi, will add to the company’s position in the Nordic, Baltic and Eastern European regions, and will also strengthen its existing operations in the UK and China.

Stefan Björk, owner of Greencarrier AB, said of the transaction: “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.”