CLI has just become the largest independent terminal company in Brazil after purchasing two of the largest grain and sugar terminals in the Port of Santos, which were until then managed by the logistics company Rumo.
After purchasing two grain and sugar terminals at the Port of Santos, located in the state of São Paulo, CLI, one of the four operators of the Grain Terminal in Maranhão (Tegram), is at the top of the ranking of independent terminals in Brazil. The transaction was carried out last Friday, (15/07), with Rumo Logística, which managed the terminals until then, and is part of the company's expansion plan in the national territory.
Rumo sells two of the largest grain and sugar terminals in the Port of Santos to CLI, which consolidates itself as the largest independent company in this segment
CLI, a port terminal logistics company controlled by the private equity fund manager IG4 Capital, is continuing its expansion plan in the Brazilian ports sector and has just acquired two terminals in the Port of Santos from the logistics company Rumo. In this way, the company advances in the national market and has become the largest independent terminal company in the entire country, guaranteeing its presence in the Brazilian port sector.
The transaction with the national logistics giant Rumo was recently announced and had a total value of R$ 1,4 billion for the purchase of CLI the grain and sugar terminals in the São Paulo complex. This business involves 80% of T16 and T19, the remaining portion remains with Rumo, a Cosan Group company. In this way, CLI further expands its presence in the national market and its lifting capacity will increase from 4 million tons to 20 million.
In addition, IG4 Capital, which is the current parent company of CLI, also guarantees a strong presence in the terminal segment in the north of the country, since, although it currently owns only 25% of Tegram, the company already accounts for 35 % of all volume handled at the terminal in Maranhão. Now, the company will use the two grain and sugar terminals at the Port of Santos, purchased from Rumo, to further expand these good results in the domestic market.
CLI follows its expansion plan in logistics services at terminals in Brazilian ports and will use the acquisition of Rumo to contribute to growth
In addition to the acquisition of Rumo's grain terminals in the Port of Santos, CLI also intends to expand its presence in the port sector to new locations and the company's next major focus is the southern region of the country. This, because the company had tried to acquire the participation of Andrade Gutierrez at CCR and ended up bringing Macquaire Asset Management as a partner, which will invest BRL 500 million in CLI and become the owner of 50% of the company.
Thus, the co-founder and CEO of IG4 Capital, Paulo Mattos, commented on the relevance of Rumo's terminals for the company's business portfolio in the national territory and highlighted that "We are very confident in being able to expand CLI's performance as an infrastructure platform in the sector and participate in such robust and strategic management in partnership with Rumo, in the largest port complex in the country”.
Now, CLI will continue to invest its efforts and resources to maximize the business capacity at its terminals in the north of the country and at the Port of Santos, which has great relevance in the national port scenario and will guarantee new directions for the logistics company.
