扩张并购之王！法国达飞20亿美金收购南美最大码头Santos Brasil震惊航运界！

法国航运巨头CMA CGM集团，以其雄厚的资本和卓越的业务运营能力，正计划以20亿美元的大手笔收购巴西港口码头运营商Santos Brasil，这一战略举措无疑将进一步巩固其在巴西乃至整个南美地区的市场地位，并为其业务拓展注入新的活力。

此次收购计划将使CMA CGM——作为全球第三大集装箱航运公司，无论是在船舶总数还是标准箱容量上——掌握南美最大的集装箱码头的控制权。在完成对Santos Brasil 47.6%股份的收购后，CMA CGM将启动进一步的收购行动，以完全控股这家巴西码头运营商。

Santos Brasil在巴西境内运营着五个码头，其中包括南美洲最大的航运码头——Tecon Santos。该码头每年处理约250万个集装箱，并且有潜力将处理能力提升至300万个。此外，Tecon Santos还拥有三个泊位，能够容纳高达14000个20英尺标准箱（TEU）的巨型船舶。

CMA CGM的首席执行官Rodolphe Saadé对此次收购表示了极大的热情，他指出：“我们非常高兴能够与Santos Brasil达成这项战略协议。Santos Brasil在巴西的五个码头中，包括桑托斯港最大的集装箱码头，该码头处理着巴西40%的货物流量，以及一家物流公司，都是我们宝贵的资产。”

Saadé进一步强调：“这项重大投资不仅体现了我们对加强与巴西伙伴关系的承诺，也彰显了我们支持巴西在未来几年内增长的决心。”

CMA CGM在一份声明中透露，Santos Brasil在巴西海岸管理着一个包含八项资产的资产组合，这包括三个集装箱码头、一个汽车码头、一座液体散货码头和三个物流设施。这些资产分布在桑托斯港、因比图巴港、Vila do Conde港、Itaqui港和圣保罗港等重要港口。

在截至6月30日的过去12个月里，Santos Brasil的收入达到了25.49亿巴西雷亚尔（约合4.58亿美元），息税折旧摊销前利润（EBITDA）为12.84亿巴西雷亚勒（约合2.3亿美元）。

CMA CGM表示，收购Santos Brasil是其全球港口发展战略中的一个重要里程碑，这将巩固其作为全球领先的多用户码头运营商的地位，目前在全球范围内投资了约60个码头。

集团还指出，它计划进一步增加在巴西各码头的航线能力，并改善对巴西出口商和进口商的服务，以应对日益增长的需求，并更好地满足消费者的需求。Tecon Santos码头的扩张潜力及其卓越的运营将有助于提升服务质量。

CMA CGM还计划加快对Santos Brasil码头的投资，目标是在未来几年内增加总容量，以履行与港口当局的承诺。

CMA CGM集团在巴西已经经营了20多年，目前拥有8个办事处和超过10000名员工。此外，CMA CGM在2017年12月从丹麦企业集团马士基手中收购了Mercosul Line，进一步扩大了其在巴西的业务版图。

CMA CGM表示，这一战略举措将使其能够在欧洲、亚洲、北美和加勒比海地区之间提供无缝连接，巩固巴西作为集团全球业务关键枢纽的地位，并加强与MERCOSUL Line子公司的协同作用。

CMA CGM预计，与Opportunity Funds的交易将在2025年第一季度完成，但这需要得到巴西有关当局的监管批准。收购完成后，CMA CGM将根据巴西市场规则，以相同的条款对所有其他Santos Brasil股票进行强制要约收购。

French shipping giant CMA CGM is looking to acquire port terminal operator Santos Brasil in a US$2 billion deal that will further strengthen its position in Brazil and grow its South American operations.

The planned acquisition will give CMA CGM—the third-biggest container shipping line in the world in terms of total ships and TEU capacity—control of the largest container terminal in South America. Following the completion of the deal for the 47.6% stake, the company will then initiate a takeover to acquire the remaining shares.

Santos Brasil operates five terminals in Brazil, one of which is Tecon Santos, the largest shipping terminal in South America. Tecon Santos manages approximately 2.5 million containers each year and can increase capacity to 3 million. Additionally, it has three berths that can accommodate ships carrying up to 14,000 twenty-foot-equivalent units (TEU). 

"I am pleased that the CMA CGM Group has concluded this strategic agreement for the acquisition of Santos Brasil, which operates five terminals in Brazil, including the largest container terminal in the Port of Santos, handling 40% of Brazilian volumes, as well as a logistics company," said Rodolphe Saadé, CEO of CMA CGM Group.

"This significant investment reflects our commitment to strengthening our partnership with Brazil and supporting its growth in the coming years," he added.

CMA CGM said in a statement that Santos Brasil manages a portfolio of eight assets on the Brazilian coast, including three container terminals, a vehicle terminal, a liquid bulk terminal and three logistics facilities.

These assets are located in the Ports of Santos, Imbituba, Vila do Conde, Itaqui and in Sao Paulo.

Over the 12 months ending June 30, the company generated BRL 2,549 million in revenues (US$458 million) and BRL 1,284 million in EBITDA (US$230 million).

"The acquisition of Santos Brasil marks another significant milestone in CMA CGM’s global port development strategy, reinforcing its position as a leading global multi-user terminal operator with investments in approximately 60 terminals worldwide," the French shipping giant said.

CMA CGM noted that it intends to further develop its line calls in the various Brazilian terminals and further improve its offering to Brazilian exporters and importers, thereby responding to increasing demand and better addressing consumer needs.

The expansion potential of Tecon Santos terminal capacity and its operational excellence will be useful in enhancing service quality.

"To meet global demand, CMA CGM intends to accelerate investments in Santos Brasil terminals, with an objective to increase the combined capacity in the coming years, in line with the commitments undertaken by Santos Brasil with port authorities," it said.

CMA CGM added that these strategic facilities will continue to operate as multi-user terminals under the leadership of the current management team and will continue to focus on improving the quality of their services to satisfy their customers' expectations.

The CMA CGM Group has been operating in Brazil for over 20 years, with currently eight offices and over 10,000 staff members.

CMA CGM also acquired Mercosul Line from the Danish conglomerate Maersk in December 2017 expanding its presence in Brazil.

"This strategic move will enable CMA CGM to offer seamless connections between Europe, Asia, North America, and the Caribbean, solidifying Brazil's position as a key hub in the group's worldwide operations and reinforcing synergies with MERCOSUL Line affiliate," the shipping line said.

CMA CGM said the transaction with Opportunity Funds is expected to close in the first quarter of 2025, subject to regulatory approvals from relevant Brazilian authorities.

Following the completion of the acquisition, CMA CGM will launch a mandatory tender offer on all other Santos Brasil shares on the same terms, in line with Brazilian market rules.