Global marketsUpdated November 6

Adani Ports agrees to buy Evos at €2.6B enterprise value.

The deal is about what sits behind the port gates: liquid storage. Evos runs eight terminals across five European countries, with capacity for 6.3 million cubic metres of liquids. It handled 37 million metric tons in 2025, from conventional fuels to alternatives such as sustainable aviation fuel, biofuels and methanol. The agreed enterprise value is €2.6 billion. It is an all-cash deal funded through debt, with MUFG providing financing commitments of up to €2.8 billion. Regulatory approvals are still needed. Adani Ports says the completed acquisition would take its global footprint to 28 ports and terminals in 10 countries, from 16 facilities currently operating across India.

2 publishers2 reports

Coverage started November 5