ICTSI expands Brazil logistics business with warehousing acquisition
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International Container Terminal Services Inc. (ICTSI) has expanded its logistics footprint in Brazil after completing the acquisition of a warehousing and multimodal logistics company to strengthen its inland transport capabilities and support the growth of its port operations in the country.
In a disclosure on Thursday, ICTSI said its wholly owned Brazilian subsidiary, IRB Holding Ltda., acquired 100 percent of Companhia Regional de Armazéns Gerais e Entreposto Aduaneira, a São Paulo-based company that provides general and bonded warehousing as well as multimodal logistics services.
The company said the acquisition allows it to offer integrated logistics solutions designed to improve operational and energy efficiency through greater use of rail transport.
ICTSI said the transaction is also expected to help ease logistics bottlenecks, expand the hinterland of its port assets, and provide safer and more innovative logistics services for foreign trade customers.
The acquisition has been completed after all conditions precedent, including the required regulatory approvals, were satisfied.
ICTSI said the purchase was fully paid in cash. The transaction value is less than 10 percent of the company's consolidated shareholders' equity as of 11 December 2025 and 31 March.
Operating 33 terminals in 19 countries, the company has been expanding in Latin America, Africa, and Southeast Asia, where it has greater control over pricing, capacity, and investments.
