Sociedad Matriz SAAM S.A. divested its port and logistics subsidiaries to Hapag-Lloyd, streamlining its operations and enhancing strategic investments in core segments.

Target Information

Sociedad Matriz SAAM S.A. (SM SAAM) is a multinational company based in Chile, with Quiñenco holding a 62.6% stake as of December 31, 2024. The company operates in 13 countries across the Americas and manages over 100 ports, from Canada to Patagonia, providing essential services for international trade through two primary business segments: Towage and Air Logistics.

In the Towage sector, SAAM Towage is well-established as a leading operator in the Americas and ranks as the third-largest tugboat service provider globally. The range of services includes support for docking and undocking ships, as well as assistance and salvage operations, both in ports and offshore. SAAM Towage operates in major ports in Chile, Mexico, Brazil, Uruguay, Ecuador, Guatemala, Costa Rica, Canada, Panama, Colombia, El Salvador, Honduras, and Peru, maintaining a fleet of over 200 tugboats and providing more than 2,300 jobs across its various markets.

In the Air Logistics segment, the company offers airport services in Chile, Colombia, and Ecuador through its subsidiary Aerosan, which attaine