Suryaa Business Desk: Adani Ports and Special Economic Zone has entered into an agreement to acquire a 100 percent stake in Evos B.V., the second-largest independent liquid storage company in Europe, based in the Netherlands.
The all-cash deal with Igneo Infrastructure Partners involves an enterprise value of 2.56 billion euros, with an equity value of approximately 1.18 billion euros. This acquisition provides Adani Ports with strategic access to key energy and industrial hubs across Europe.
The transaction includes eight terminals located in the Netherlands, Germany, Spain, Belgium, and Malta, adding 6.3 million cubic meters of liquid storage capacity to Adani Ports' portfolio. With this acquisition, the company’s international presence will expand to 28 ports and terminals across 10 countries.
Adani Ports Managing Director Karan Adani stated that this deal represents a significant milestone in the company's growth journey within international logistics and sustainable energy supply chains.
