2 publishers · first seen Thu, 05 Nov 2026 16:21 UTC · updated Thu, 05 Nov 2026 20:27 UTC
Adani Ports and Special Economic Zone Limited (APSEZ) has announced the acquisition of Evos B.V., Europe's second-largest independent liquid storage operator, in an all-cash deal valued at €2.56 billion. The acquisition, which includes eight port-based terminals across the Netherlands, Germany, Spain, Belgium, and Malta, marks APSEZ's significant entry into the European liquid storage sector. Evos, with a storage capacity of 6.3 million cubic meters and an EBITDA margin of 56%, reported revenue of €392 million in 2025. The deal, subject to regulatory approvals, is expected to expand APSEZ's global portfolio to 28 ports and terminals across 10 countries.
Karan Adani, Managing Director of APSEZ, highlighted the strategic importance of the acquisition, stating it is a milestone in the company's journey towards handling one billion tonnes of cargo and building a globally integrated transport platform. The acquisition is anticipated to provide APSEZ with a significant presence in key global liquid storage and energy hubs, supporting Europe's sustainable energy transition and enhancing the company's long-term growth prospects.
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