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Suzano acquires 10% stake in Imetame port project in Espírito Santo
Suzano has signed an agreement with Grupo Imetame to acquire a 10% stake in Imetame Logística Porto S.A. The company is participating in the deal through the contribution of its own strategic land located in Aracruz, Espírito Santo.
The project involves the development of a greenfield port complex featuring five specialized terminals: containers, general cargo, solid bulk, liquid bulk, and ship-to-ship operations. General cargo operations are expected to begin in early 2027.
A container terminal will be developed as a joint venture, with Hanseatic Global Terminals (HGT)—a division of the German shipping company Hapag-Lloyd—holding a 50% stake. This terminal is projected to have a future capacity of approximately 1.2 million TEUs per year and is expected to begin operations in mid-2028.
Suzano stated that the acquisition will not significantly impact its capital structure or the operational and economic performance of its Aracruz cellulose unit. Additionally, the company does not anticipate any capital expenditure (capex) related to this stake in 2026.
Entities
Grupo Imetame · Hanseatic Global Terminals · Hapag-Lloyd · Imetame Logística Porto S.A. · Suzano
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] There are no capital expenditure (capex) investments planned for 2026 related to this participation. www.moneytimes.com.br · valor.globo.com
- [● 3 SOURCES] The container terminal is a joint venture with 50% ownership by Hanseatic Global Terminals (HGT), a division of Hapag-Lloyd. www.cnnbrasil.com.br · www.moneytimes.com.br · valor.globo.com
- [● 3 SOURCES] Suzano signed an agreement with Grupo Imetame to acquire a 10% stake in Imetame Logística Porto S.A. www.cnnbrasil.com.br · www.moneytimes.com.br · valor.globo.com
- [● 3 SOURCES] The container terminal is expected to reach a future capacity of approximately 1.2 million TEUs per year. www.cnnbrasil.com.br · www.moneytimes.com.br · valor.globo.com
- [● 3 SOURCES] The acquisition will be executed through the contribution of land owned by Suzano. www.cnnbrasil.com.br · www.moneytimes.com.br · valor.globo.com
- [● 3 SOURCES] General cargo operations are scheduled to begin in early 2027. www.cnnbrasil.com.br · www.moneytimes.com.br · valor.globo.com
- [● 3 SOURCES] The port complex in Aracruz, Espírito Santo, will feature five specialized terminals: containers, general cargo, solid bulk, liquid bulk, and ship-to-ship operations. www.cnnbrasil.com.br · www.moneytimes.com.br · valor.globo.com
- [● 2 SOURCES] The operation is not expected to have a relevant impact on the company's capital structure. www.moneytimes.com.br · valor.globo.com