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AD Ports enters Latin America with $835m Brazil terminal deal
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.
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gulfnews.com
Why AD Ports’ biggest-ever acquisition in Brazil could reshape UAE food trade routes
AD Ports acquires Brazil’s CLI in a Dh3.1b deal, gaining key sugar and grain terminals at Santos and Itaqui and opening new UAE–Brazil food trade routes.
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thenationalnews.com
AD Ports Group agrees to acquire Brazilian bulk port operator in $835m deal | The National
Abu Dhabi company enters South American market
