CMA CGM acquires 48% stake in Santos Brasil
The French shipping company CMA CGM has signed a definitive and irrevocable agreement to acquire a 48% stake in Santos Brasil Participações S/A (Santos Brasil), the leading terminal operator in Brazil.
Santos Brasil manages a portfolio of eight assets on the Brazilian coast, including three container terminals, one vehicle terminal, one liquid bulk terminal and three logistic facilities.
These assets are located in the ports of Santos, Imbituba, Vila do Conde, Itaqui and in Sao Paulo.
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