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Macquarie, IG4 to sell controlling stake in Brazil's CLI to AD Ports for $835 million
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Macquarie, IG4 to sell controlling stake in Brazil's CLI to AD Ports for $835 million
Jun 2, 2026 3:31 PM

June 2 (Reuters) - Australia's Macquarie Group ( MCQEF ) said on Tuesday its asset management arm and Brazil's IG4 Capital agreed to sell a controlling stake in Corredor Logística e Infraestrutura S.A (CLI) to AD Ports Group for $835 million.

Here are the details:

-- The management at CLI, a Brazilian agri-bulk port terminal operator, will be unchanged after the deal, with Gabriel Motta remaining as CEO, Macquarie said in a statement.

-- The transaction, AD Ports' largest ever purchase, will enable the company to set up new trade routes directly linking Brazil to Khalifa Port and Abu Dhabi Food Hub, the UAE-based ports operator said.

-- Sao Paulo-based CLI operates Brazil's leading sugar export terminal and a key export terminal for corn and soybean, AD Ports added.

-- The deal, entered into by Macquarie Asset Management through Macquarie Infrastructure Partners V and IG4 Capital through its Private Equity Fund II, is subject to regulatory and antitrust approvals.

-- "As a long-term investor in the country, Macquarie remains committed to acting as a responsible custodian of essential infrastructure assets that help drive economic development, improve connectivity and support Brazil's role in global trade," said Fernando Lohmann, head of Macquarie Asset Management in Brazil.

-- Macquarie did not disclose the full details of the deal when contacted by Reuters.

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