Posted on July 20, 2022
Australia’s Macquarie has entered the Brazilian ports sector.
Brazilian railway operator Rumo has sold two sugar and grain terminals at the port of Santos for $260m to local port operator Corredor Logistica e Infraestrutura (CLI).
CLI, which up to the deal was wholly owned by private equity fund IG4, will receive an investment from Australia’s Macquarie Infrastructure Partners V to help fund the deal. Macquarie will share control of CLI with IG4 after acquiring a 50% stake.
