AD Ports Group enters Latin America with acquisition of Brazil’s CLI

AD Ports Group has acquired Corredor Logística e Infraestrutura, Brazil's leading independent agri-bulk port terminal operator.

AD Ports Group has acquired Corredor Logística e Infraestrutura, Brazil’s leading independent agri-bulk port terminal operator, in a transaction valued at US$ 835 million.

The acquisition marks AD Ports Group’s first entry into Latin America and represents a transformative step in the group’s international expansion strategy, with CLI’s existing senior management team remaining in place following completion.

CLI operates two of Brazil’s most strategically significant agri-bulk export terminals under long-term concessions. CLI Sul, located at the Port of Santos, is Brazil’s leading sugar export terminal and a major gateway for corn and soybean exports.

CLI Norte operates at the Port of Itaqui as part of the Arc of the North corridor, an emerging logistics region encompassing the Amazon basin that recorded the fastest port and terminal growth in Brazil in 2025.

Together, the two terminals connect Brazil’s agricultural producing regions to global markets, serving the world’s leading sugar exporter and one of its largest grain exporters.

The transaction was agreed with joint sellers Macquarie Asset Management and IG4 Capital, and is expected to complete in the second half of 2026 subject to regulatory and antitrust approvals. CLI owns 100 percent of CLI Norte and 80 percent of CLI Sul.

Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, described the acquisition as a game changer, extending the group’s international reach into Latin America for the first time while deepening its agrifood vertical, one of its core strategic priorities.

He highlighted plans to develop a major East-West trade spoke connecting South America’s largest economy to the Indian Subcontinent, East Africa and Southeast Asia, supported by the UAE’s advanced negotiations with Mercosur on a Comprehensive Economic Partnership Agreement and approximately US$ 5 billion in existing Emirati investments in Brazil.

Both Macquarie and IG4 Capital expressed confidence in AD Ports Group as the right strategic owner to support CLI’s next phase of growth, citing the group’s global trade expertise, infrastructure capabilities and long-term vision for the agri-bulk sector.