05-Nov-2026 15:59:03
Adani Ports to Acquire 100% Stake in Europe’s 2nd Largest Liquid Storage Operator Evos for €1.18 Billion
Adani Ports and Special Economic Zone (APSEZ) has agreed to acquire 100% of Netherlands-based Evos B.V. for an equity value of €1.184 billion and an enterprise value of €2.56 billion. Evos operates eight liquid storage terminals across five countries, with 6.3 million cubic metres of capacity. The acquisition values Evos at 11.7 times its CY25 EBITDA of €219 million. The debt-funded transaction is subject to regulatory approvals and works council consultation.