Adani Ports agrees to buy Evos in €2.56 billion deal
The proposed purchase, worth about $2.9 billion, would add 8 European liquid-storage terminals to the Indian port operator’s business, subject to approvals and consultation.
Loading… Բեռնվում է…
The proposed purchase, worth about $2.9 billion, would add 8 European liquid-storage terminals to the Indian port operator’s business, subject to approvals and consultation.
India’s Adani Ports and Special Economic Zone has agreed to buy Netherlands-based liquid storage operator Evos B.V. from Igneo Infrastructure Partners. The agreement, announced on 5 November, covers 100% of Evos and values the transaction at €2.56 billion (about $2.9 billion).
Adani already operates terminals outside India. The deal would add Evos’s 8 port-based terminals in the Netherlands, Germany, Spain, Belgium and Malta, giving it a larger role in European fuel storage.
Adani’s figures put the terminals’ combined storage capacity at 6.3 million cubic meters. Evos handled 37 million metric tons of liquid cargo in 2025, including gasoline, gasoil, marine fuels and jet fuel, gCaptain said.
If completed, the purchase would extend Adani’s global operations to 28 ports and terminals across 10 countries.
The deal has an equity value of €1.18 billion (about $1.3 billion), distinct from the total transaction value, and is to be financed through debt. It remains subject to regulatory approvals and consultation with works councils, which represent employees. The companies have not announced an expected closing date.
Microsoft declined to renew the contract and has been switching off rented capacity, Bloomberg says, as the company reassesses its cloud partnerships.
2 min
The department plans to use a superintelligence (SI) tool it built to check its November 10 crop report, after errors in September estimates weakened trust in data that can move markets.
2 min
Customers can still buy and sell cryptocurrencies during the suspension. Nubank says transfers will resume once an external provider restores its service.
2 min