From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Adani Ports to acquire 100% of Evos BV at enterprise value of 2.56 billion euros
What's behind this
Adani Ports has agreed to acquire Evos, Europe’s second‑largest independent liquid storage operator, in an all‑cash transaction valued at €2.56 billion (reported as Rs 27,200 crore). Evos runs eight port‑based terminals in the Netherlands, Germany, Spain, Belgium and Malta. For the calendar year 2025, Evos reported revenue of €392 million and EBITDA of €219 million, giving a 56 percent EBITDA margin.
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right · 2 outlets
The proposed transaction is an all-cash deal and values Evos at an equity value of 1.18 billion euros, implying an acquisition multiple of 11.7x CY25 EV/EBITDA.
RSS excerpt
The proposed transaction is an all-cash deal and values Evos at an equity value of 1.18 billion euros, implying an acquisition multiple of 11.7x CY25 EV/EBITDA.
