Adani Ports to Buy Netherlands' Evos in $2.9 Billion European Push
· Shipping · India · Netherlands
India's Adani Ports and Special Economic Zone (APSEZ) has agreed to acquire Netherlands-based liquid storage operator Evos B.V. in a €2.56 billion ($2.88 billion) deal, giving the company a major foothold in European port infrastructure. Evos operates tank storage for liquids, a segment distinct from APSEZ's container and bulk terminal base in India. The transaction would be one of the largest outbound acquisitions by an Indian ports group and marks a significant push by Adani into Europe. Terms such as closing conditions and timing were not detailed in the item. The deal would extend Adani's reach from Indian terminals into European energy and chemical storage logistics.
Why it matters:A ports group from India buying European tank storage shows terminal operators diversifying beyond container handling into liquid bulk and cross-regional expansion, a shift that could reshape competition in European storage and port infrastructure.
Key points
- The deal values Evos at €2.56 billion, or about $2.88 billion.
- Evos is a Netherlands-based liquid storage operator.
- The item did not detail closing conditions or timing.
Sources (original reporting)
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