Further to this week’s announcement of a binding agreement extension to Evos, Adani Ports and Special Economic Zone (APSEZ) has acquired a 100% stake in Evos from Igneo Infrastructure Partners for €2.56 billion.
Evos is Europe’s second-largest independent liquid storage operator. It has 6.3 million m3 of storage over eight port-based terminals across the Netherlands, Germany, Spain, Belgium and Malta in some of the most important hubs: Amsterdam-Rotterdam-Antwerp region, Hamburg and the Mediterranean. The infrastructure comprises of 452 tanks, 63 vessels and barge berths, and integrated pipelines.
The acquisition supports APSEZ’s ambition to build a globally diversified integrated transport platform, securing a strong European base.
Karan Adani, managing director of APSEZ, comments: ‘Evos marks an important milestone in APSEZ’s trajectory towards handling 1 billion tons of cargo and building a truly global, integrated transport platform. We are delighted to welcome Evos into our portfolio, giving us significant presence across key global liquid storage and energy hubs. We look forward to partnering with Europe, supporting its sustainable energy transition and creating enduring value while maintaining the financial prudence that underpins our growth.’
