Delhi NCR, 09 April 2024: Jeena & Company, a global leader in freight forwarding and supply chain solutions, has announced the merger of the 67-year-old JBS Group based in Ahmedabad, Gujarat. This strategic move aims to provide comprehensive logistic services, encompassing both international and domestic sectors.
JBS Group, founded in 1957 by Mr. J B Shah, stands as an ISO-certified, AEO group with diverse entities specializing in Customs Clearance, Multimodal Transport Operations, and IATA cargo handling. JBS Group holds its own Customs Broking License, IATA accreditation and nearly 30 years of experience in FMC registered Bill of Lading. This addition brings an extra 95 pin codes to the existing 300+ PAN-India pin codes.
Post-merging, J B Shah Logistics will assume the name JBS JEENA Logistics, combining the esteemed legacies of the 67-year-old JBS Group and the 124-year-old Jeena Group. With this development, JBS JEENA Logistics anticipates a 100% projected growth, leveraging the combined expertise and resources of both legacy entities.
As a part of the merger, Jeena & Company will acquire the customers, team, and assets of the JBS Group and expand its Custom Clearance footprint in Gujarat. With JB Shah Logistics’ impactful presence in Gujarat, Jeena aims to leverage its freight forwarding business.
Speaking on this, Sam Katgara, Partner, Jeena & Co. said, “As a brand, we are moving in the direction that we envisaged and it is giving us positive results. With the merging of the JBS Group, we inked a partnership that brings together two esteemed, legacy organizations with a rich history and complementary capabilities, positioning us as a leading provider of end-to-end logistics solutions in the region. Together as JBS Jeena Logistics, we feel greatly confident to create value for our customers and stakeholders through our combined force.”
JBS JEENA Logistics is poised to offer a comprehensive suite of logistics activities, with a strategic emphasis on Projects, Coastal cargo movements, Warehousing featuring 3PL operations, Customs Clearance, and International Freight Forwarding through all modes of transport. This collaboration represents a forward-looking approach to meet the evolving demands of the logistics industry.