Adani Ports agreed to buy 100% of Evos, Europe's second-largest independent liquid storage operator, at an enterprise value of EUR 2.56 billion.
Company news · Finvezto · 5 Nov 2026 · Adani Ports (ADANIPORTS)
What happened
Adani Ports agreed to buy 100% of Evos, Europe's second-largest independent liquid storage operator, at an enterprise value of EUR 2.56 billion. Source: Stock note
Why it matters
Anand Ganapathy K: The equity price is EUR 1,184 million for eight terminals holding 6.3 million cubic metres, which earned EUR 392 million of revenue in 2025. Closing needs approvals and is expected within 15 months. Source: Stock note
Links
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.