Adani Ports and Special Economic Zone has agreed to acquire 100% of Netherlands based liquid storage operator Evos at an enterprise value of €2.56 billion.
The acquisition will give Adani Ports a significant presence in Europe’s independent liquid storage market and expand its international logistics and port operations.
Evos Operates Eight Terminals Across Five Countries
Evos is Europe’s second largest independent liquid storage operator. The company operates eight terminals across five European countries, with total storage capacity of 6.3 million cubic metres.
Evos reported EBITDA of €219 million in 2025, highlighting its established position in the European liquid storage market.
The acquisition will add a major international storage business to Adani Ports’ existing infrastructure portfolio.
All Cash Deal to Be Funded Through Debt
The transaction is structured as an all cash acquisition and will be funded through debt, with MUFG underwriting the financing.
The deal remains subject to regulatory approvals and is expected to close within 15 months.
Following the acquisition, Adani Ports’ global network is expected to expand to 28 ports across 10 countries.
The transaction represents a major international expansion for the company, strengthening its presence in liquid storage and providing access to established European infrastructure assets.
How much is Adani Ports paying for Evos?
Adani Ports agreed to acquire Evos at an enterprise value of €2.56 billion.
What does Evos do?
Evos operates liquid storage terminals and is Europe’s second largest independent liquid storage operator.
How many terminals does Evos operate?
Evos operates eight terminals across five European countries.
How will the acquisition be funded?
The all cash acquisition will be funded through debt, with MUFG underwriting the financing.
When is the acquisition expected to close?
The transaction is expected to close within 15 months, subject to regulatory approvals.
