en.Wedoany.com Reported - AD Ports Group has agreed to acquire Corredor Logística e Infraestrutura (CLI), an operator of sugar and grain export terminals in Brazil, marking its first entry into the South American market. AD Ports stated that this is the largest acquisition in its history and its first move into the agricultural sector in Brazil and South America, thereby strengthening its growing agri-food business.
CLI is a leading independent agricultural bulk port terminal operator in Brazil, holding 100% equity in CLI Norte, which operates a terminal at the Port of Itaqui, and 80% equity in CLI Sul, which operates a terminal at the Port of Santos. In 2025, CLI handled 17 million tons of agricultural bulk cargo, generating revenue of $178 million and EBITDA of $98 million.
AD Ports is acquiring CLI from its current joint owners, Macquarie Asset Management and IG4 Capital. The enterprise value of the transaction is $835 million. The companies stated that this deal completes another successful turnaround, with CLI positioned over the past four years with strong operations and solid performance, while being prepared for growth.
"CLI's prospects are very favorable. We are strategically located in the Northern Arch, operating terminals at the Port of Itaqui and the Port of Santos. Both have performed consistently and have clear potential for further development," said Gabriel Motta, CEO of CLI. He will remain in his role after the acquisition, along with other senior management.
AD Ports stated that this acquisition is a "transformational step" for the group, making it one of the leading independent agricultural bulk terminal operators in South America and providing strategic opportunities for its maritime, logistics, and other business areas.
"Acquiring CLI is a game-changer for AD Ports Group," said Captain Mohamed Juma Al Shamisi, Managing Director and CEO of AD Ports Group. "This transaction expands the group's international operations to Latin America for the first time and deepens our growing agri-food activities, one of our core verticals."
AD Ports emphasized that this is the latest in a series of strategic moves in the agricultural sector, including an agreement to develop agricultural clean bulk handling and storage facilities at Karachi Port, and an investment in the greenfield Sarzha grain terminal on the Caspian Sea coast at Kuryk Port in Kazakhstan. Earlier this year, the group also secured a 30-year concession to operate the Aqaba multipurpose port in Jordan. Its Noatum Ports operations in Spain are already deeply involved in agricultural bulk cargo through terminals in Tarragona and Sagunto. AD Ports currently has a portfolio of 34 ports and terminals worldwide.
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