AD Ports expands global operations with acquisition of a Brazilian agricultural terminal operator
AD Ports Group announced the acquisition of CLI for US$ 835 million, in a transaction that marks its entry into the Brazilian market and remains subject to regulatory approval. The company operates sugar, corn, and soybean export terminals at the ports of Santos and Itaqui.
AD Ports Group announced on June 2 the acquisition of 100% of Corredor Logística e Infraestrutura (CLI), a Brazilian operator of agricultural bulk terminals. The transaction was valued at US$ 835 million, or AED 3.1 billion.
The closing of the deal still depends on regulatory approval. According to information released by the companies, the transaction was expected to be completed in the second half of 2026.
The acquisition represents the Abu Dhabi-based group’s entry into Brazil and, more broadly, South America. Through the transaction, AD Ports gains access to a platform focused on handling agricultural commodities for export.
CLI operates two terminals. CLI Sul, at the Port of Santos, is described as a prominent facility for Brazilian sugar exports and also handles significant volumes of corn and soybeans. The company also operates a terminal at the Port of Itaqui, in Maranhão, integrated into the North Arc export corridor.
The sale was negotiated by CLI’s current shareholders, IG4 Capital and Macquarie Asset Management. Under the announced agreement, the transaction should also support AD Ports’ plans to develop a trade connection between Brazil, the Indian subcontinent, East Africa, and Southeast Asia.