Sociedad Matriz SAAM S.A. (SM SAAM) is a multinational company based in Chile, with operations in 12 countries in the Americas at 97 ports and 8 airports from Canada to Patagonia, where it provides services for the foreign trade industry through two business areas: Towage and Air Logistics. As of December 31, 2025, Quiñenco held a 66.0% ownership interest in SM SAAM.

In the tug boat business, SAAM Towage boasts consolidated leadership in the Americas and is the third largest provider of towage services worldwide. Its main services include vessel and cargo berthing and deberthing support, as well as assistance and salvage both in harbor and offshore, in the main ports of Chile, Mexico, Brazil, Uruguay, Ecuador, Guatemala, Costa Rica, Canada, Panama, Colombia, El Salvador and Peru. It has a fleet of more than 200 tug boats and employs over 2,400 people in the different markets where it operates.

In the Air Logistics business, the company provides airport services in Chile, Colombia and Ecuador through its subsidiary Aerosan, a fully owned subsidiary as of 2020. Aerosan manages over 37,000 m² of airport warehouses and offers more than 2,200 jobs.

SAAM was a subsidiary of CSAV until February 2012, at which time SM SAAM, which owns 99.99% of SAAM’s shares, was created as a spin-off. SM SAAM’s shares began trading on March 1, 2012, on the Chilean stock market.