Macquarie Asset Management has announced an agreement to acquire a 100% stake in Monte Rodovias S.A., a Brazilian toll road platform. The acquisition, made through Macquarie Infrastructure Partners VI, involves five toll roads across three states in Brazil, totaling 740 kilometers. These roads connect significant urban and industrial areas, including Bahia Norte (CBN) and Litoral Norte (CLN) in Bahia, as well as Rota do Atlântico (CRA) and Rota dos Coqueiros (CRC) in Pernambuco. Additionally, the deal includes a 30-year concession for a road in Mato Grosso.
Fabio Bonini, CEO of Monte Rodovias, emphasized the platform's commitment to sustainable development and operational excellence. "Monte Rodovias is deeply committed to the sustainable development of Brazil — in regions like the Northeast," he stated.
Fernando Lohmann from Macquarie Asset Management expressed dedication to enhancing Brazil's infrastructure. "Today’s announcement is another demonstration of our commitment to generate positive long-term outcomes for our clients," he said.
The acquisition will bolster Macquarie Asset Management's infrastructure investments in Latin America, which already include projects in Brazil, Mexico, Colombia, and Ecuador. Julio Zogbi of Monte Capital Management highlighted their strategy: "Infrastructure represents a once-in-a-generation investment opportunity...building Monte Rodovias S.A. into the largest operator of state-level concessions."
The transaction is expected to close during the second half of 2025 after fulfilling customary conditions.