AD Ports acquires Brazil’s CLI in record US$835 million deal

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AD Ports Group has agreed to acquire the Brazilian agri-bulk terminal operator CLI for US$835 million, marking the group’s largest acquisition and entry into the South American market. The deal expands AD Ports' portfolio in independent agri-bulk terminals.

AD Ports Group has agreed to acquire Brazil-based agri-bulk terminal operator CLI in a transaction valued at AED3.1 billion (US$835 million), marking the company’s largest acquisition to date and its first major entry into the South American market. The deal gives AD Ports Group ownership of one of Brazil’s largest independent agri-bulk terminal platforms and […] The post AD Ports acquires Brazil’s CLI in record US$835 million deal appeared first on Container News.