AD Ports buys Brazil's agri-ports for $835M, targeting global trade routes

AD Ports Group has executed its largest acquisition to date, securing Brazilian agri-bulk terminal operator Corredor Logística e Infraestrutura (CLI) for an enterprise value of AED 3.1 billion, or approximately $835 million. This deal marks the UAE-based group's first major entry into Latin America, giving it immediate, strategic control over one of Brazil's most significant independent agri-bulk port platforms. The acquisition is designed to significantly expand AD Ports Group’s international footprint into South America and deepen its involvement in the global agrifood logistics sector, a core vertical for the company.

CLI, based in São Paulo, operates two critical export terminals under long-term concessions that are vital to Brazil's global trade profile. These include CLI Sul, located at the Port of Santos, which serves as Brazil's leading sugar export terminal and a major hub for corn and soybeans.