loader image

AD Ports completes $835m Brazil logistics acquisition

Abu Dhabi: AD Ports Group has completed its largest-ever acquisition by purchasing Brazilian agri-bulk terminal operator Corredor Logística e Infraestrutura for AED3.1 billion, or about $835 million. The deal marks the group’s first entry into Latin America and significantly expands its global agrifood logistics network. CLI operates major export terminals at the Ports of Santos and Itaqui, handling millions of tonnes of agricultural cargo each year. The acquisition is expected to strengthen UAE-Brazil trade ties and support AD Ports’ strategy of building major East–West trade corridors linking South America with Asia and Africa. As global food logistics become more strategic, can this deal reshape agricultural trade connectivity across emerging markets?

Leave a Reply

Your email address will not be published. Required fields are marked *

Related News

Islamabad: Construction of the Kashmir Chowk Underpass has reached 51% completion in just over two weeks, according to the Capital Development Authority (CDA). The project,

....

Prime Minister Muhammad Shehbaz Sharif met a delegation of the Lahore Chamber of Commerce and Industry’s Founders Group in Lahore. The meeting discussed Pakistan’s overall

....

Islamabad: Prime Minister Muhammad Shehbaz Sharif formally launched the Prime Minister’s Youth Chromebook Scheme on October 25, 2026, announcing plans to distribute 500,000 Chromebooks to

....