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French shipping colossal CMA CGM is set to strengthen its position in Brazil’s maritime sector with the purchase of a nearly 48% stake in Santos Brasil Participações, a major Brazilian multi-terminal operator, from funds managed by Opportunity Funds. The deal, expected to close by early 2025 pending regulatory approval, is projected to give CMA CGM—which […]
Brazilian Santos Brasil Tecon Santos French South America Amazonia Hudong-Zhonghua Santos Brasil Participa Opportunity Funds Port of Santos Mercosul Lines Zhonghua Shipbuilding Imbituba Vila Conde
CMA CGM expands footprint in Brazil with latest stake acquisition
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