CMA CGM to acquire a c.48% stake in Santos Brasil, multi-terminal operator

“This significant investment reflects our commitment to strengthening our partnership with Brazil and supporting its growth in the coming years”, said Rodolphe Saadé, CEO of CMA CGM Group.

8 major industrial assets in one of the world’s fast-growing regions Santos Brasil manages a portfolio of 8 assets on the Brazilian coast, including 3 Container Terminals, 1 Vehicle Terminal, 1 Liquid Bulk Terminal and 3 Logistic Facilities. These assets are located in the Ports of Santos, Imbituba, Vila do Conde, Itaqui and in Sao Paulo.

Over the 12 months ending June 30, 2024, the company generated BRL 2,549m of revenues (USD 458m) and BRL 1,284m of EBITDA (USD 230m).

Tecon Santos terminal is the largest container terminal in South America, with a strategic location in the Port of Santos and benefits from first-class infrastructure:

• A long-term concession agreement until 2047.
• A capacity of 2.5m TEUs, expandable to 3.0m in the near future.
• 3 berth slots enabling to handle 14,000 TEUs ships.
• Most efficient terminal in the Port of Santos with excellent berth productivity.

The acquisition of Santos Brasil marks another significant milestone in CMA CGM’s global port development strategy, reinforcing its position as a leading global multi-user terminal operator with investments in approximately 60 terminals worldwide.