APSEZ to acquire Evos B.V. liquid storage operator

Adani Ports and Special Economic Zone has agreed to acquire 100% of Netherlands-headquartered Evos B.V. from Igneo Infrastructure Partners in an all-cash transaction at an enterprise value of EUR 2.56 billion.

The deal values Evos at an equity value of EUR 1.18 billion, implying an acquisition multiple of 11.7 times calendar 2025 EV/EBITDA.

It will be funded by debt and remains subject to regulatory and other approvals and works council consultation. MUFG is the sole underwriter, with financing commitments of up to EUR 2.8 billion. Linklaters and Cyril Amarchand Mangaldas advised APSEZ.

Evos operates 6.3 million cubic metres of storage capacity across eight port-based terminals in the Netherlands, Germany, Spain, Belgium and Malta, positioned in the Amsterdam-Rotterdam-Antwerp region, Hamburg and the Mediterranean.

This story was originally published by Container News. Read the full story at Container News →