AD Ports Group Successfully Completes Acquisition of Brazil’s CLI Upon Receiving Full Regulatory Approvals

• Acquisition expands AD Ports Group’s geographic footprint into South America ‎and strengthens its agrifoods business vertical
• AD Ports Group, through its international ports operating arm Noatum Ports, ‎assumes operational control of CLI following completion of financial closing ‎and regulatory and antitrust approvals
• CLI operates two of Brazil’s strategically important sugar and grain export ‎terminals at the Ports of Itaqui and Santos

Abu Dhabi, UAE/ São Paulo, Brazil – 02 October 2026: AD Ports Group (ADX: ‎ADPORTS), a leading global enabler of trade, industry, and logistics solutions, today ‎announced the successful completion of the financial closing of its acquisition of Corredor ‎Logística e Infraestrutura (CLI), Brazil’s leading independent agri-bulk port terminal operator ‎from funds managed by Macquarie Asset Management and IG4 Capital.‎

The transaction, announced on 2 June 2026, was completed following the satisfaction of ‎customary closing conditions, including regulatory and antitrust approvals. AD Ports Group ‎received the necessary approvals from Brazil's National Waterway Transportation Agency ‎‎(ANTAQ) and the Administrative Council for Economic Defense (CADE), enabling the ‎transaction to proceed to completion. ‎

The acquisition was conducted at an enterprise value of AED 3.1 billion (USD 835 million), ‎making it the largest acquisition in the Group’s history. With the closing now finalised, CLI has ‎become an operational member of AD Ports Group’s international portfolio and represents the ‎Group’s first strategic entry into South America.‎

Mohammed Al Tamimi, Chief Executive Officer of Noatum Ports – AD Ports Group, ‎said: “The formal completion of the CLI acquisition marks an important development in AD ‎Ports Group’s international growth and strengthens our presence in one of the world’s most ‎important agricultural export markets. The acquisition gives our Group powerful new global ‎reach and capabilities. AD Ports Group, through its international ports operating arm Noatum ‎Ports, is committed to quickly integrating CLI into our existing global operations, to further ‎expand the range and relevance of our portfolio of global end-to-end trade solutions.” ‎

Fernando Lohmann, Head of Macquarie Asset Management in Brazil, said: “CLI ‎has delivered strong growth and built a highly competitive position in Brazil’s port and logistics ‎market, supported by strategic assets, operational scale and a resilient customer base. With ‎the transaction now completed following all required approvals, AD Ports Group is well ‎positioned to build on that platform, which has clear relevance to Brazil’s trade flows, and ‎support CLI’s next phase of development.”‎

Paulo Todescan L. Mattos, Co-Founder, Managing Partner, Chair, and Co-CIO ‎of IG4 Capital Group, said: “We are grateful for the constructive engagement of all ‎parties involved in bringing this transaction to its close. CLI has evolved into an ‎important supply chain provider supporting Brazil’s export and import markets with a ‎strong operating platform. We are proud of the progress achieved in transforming CLI ‎and believe AD Ports Group is well placed to support CLI’s continued development ‎and long-term growth.”‎

CLI operates two strategically important agri-bulk export terminals under long-term ‎concessions. CLI Sul, at the Port of Santos, is a leading sugar export terminal that also ‎handles corn and soybeans, while CLI Norte, at the Port of Itaqui, forms part of Brazil’s “Arc of ‎the North”, an important logistics corridor for agricultural exports. Together, the terminals ‎connect Brazil’s major producing regions with global markets.‎

The acquisition strengthens AD Ports Group’s growing agrifoods platform and broadens its ‎ability to serve customers across the agricultural supply chain. It also creates opportunities to ‎connect Brazilian export flows with the Group’s wider network across ports, maritime and ‎shipping, logistics, economic cities, and digital trade services, supporting new trade links ‎between South America, the Indian Subcontinent, East Africa, and Southeast Asia.‎

With the transaction completed, AD Ports Group intends to establish new trade routes directly ‎connecting Brazil with Khalifa Port and Abu Dhabi Food Hub in KEZAD, the region’s largest ‎food hub, supporting the movement of Brazilian agricultural commodities into regional and ‎international markets.‎

Through CLI, the Group will contribute its global ports and logistics expertise to a major ‎agricultural export market while supporting the continued development of Brazil’s trade ‎infrastructure. The transaction also reinforces AD Ports Group’s commitment to building ‎resilient, connected, and customer-focused supply chains that enable trade across continents.