JEDDAH: Abu Dhabi’s AD Ports Group has entered the Latin American market through the acquisition of Brazil’s Corredor Logistica e Infraestrutura, a leading independent agri-bulk port terminal operator, in a deal valued at 3.1 billion dirhams ($835 million).
The move strengthens AD Ports Group’s exposure to global agricultural supply chains through key export terminals at the ports of Santos and Itaqui. CLI operates two strategic assets under long-term concessions.
CLI Sul, located at the Port of Santos, is a major sugar export terminal and an important gateway for corn and soybean shipments. CLI Norte operates at the Port of Itaqui in Brazil’s rapidly growing “Arc of the North” logistics corridor, a major route for agricultural exports.
The acquisition reflects growing efforts by Gulf logistics and infrastructure companies to expand internationally through investments in strategic assets along global trade routes. Brazil, one of the world’s largest exporters of agricultural commodities, has attracted increasing investor interest amid rising demand for food security, supply-chain resilience and export infrastructure.
Mohamed Juma Al-Shamisi, managing director and CEO of AD Ports Group, described the acquisition as a “game changer” for the company.
