Adani Ports To Acquire European Storage Giant Evos For 2.56 Billion Euros
· Business · NDTV, Indian Express, Moneycontrol
Adani Ports and Special Economic Zone (APSEZ) has announced a deal to acquire the European storage operator Evos for 2.56 billion euros in 2025. Evos reported 392 million euros in revenue and 219 million euros in EBITDA for the calendar year 2025, with a 56 per cent EBITDA margin. The acquisition represents APSEZ's strategic expansion into European logistics infrastructure. The transaction is pending regulatory approvals and expected to close in the following year.
Why it matters
The deal expands Adani's global logistics footprint into Europe, giving Indian exporters enhanced access to European markets through integrated port and storage facilities. It strengthens APSEZ's position as a key player in international cargo handling.
Read the original report — NDTV
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