View document text
Ref No: APSEZL/SECT/2026-27/101
November 5, 2026
BSE Limited National Stock Exchange of India
Floor 25, P J Towers, Limited
Dalal Street, Mumbai – 400 001 Exchange Plaza,
Scrip Code: 532921 Bandra Kurla Complex,
Bandra (E), Mumbai – 400 051
Scrip Code: ADANIPORTS
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”),
regarding an agreement to acquire 100% stake in Evos B.V.
Dear Sir / Madam,
With reference to the captioned subject, we would like to inform that, following a
competitive bidding process, Adani Ports and Special Economic Zone Limited (“APSEZ”)
has been selected as the successful bidder to acquire a 100% stake in Evos B.V. (the
“Target”), together with its subsidiaries, from F.S. Amelia S.à r.l. and Evos Manco B.V.
APSEZ entered into an appropriate agreement on November 5, 2026, agreeing to
proceed with the proposed transaction.
The details as required under the SEBI Listing Regulations read with SEBI Circular No.
SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are set out
below:
Sr. Particulars Details
1. Name of the target entity, details in Name: Evos B.V. (incorporated in the
brief such as size, turnover etc. Netherlands)
Authorised Capital: EUR 2
Paid-up Capital: EUR 2
The consolidated income of the Target
in the last financial year ended on 31
December 2025 was EUR 392 million.
2. Whether the acquisition would fall No
within related party transaction(s)
and whether the promoter/ promoter
group/ group companies have any
interest in the entity being acquired?
Adani Ports and Special Economic Zone Ltd Tel +91 79 2555 4444
Adani Corporate House, Shantigram, Fax +91 79 2555 7177
Nr. Vaishno Devi Circle, S. G. Highway, Investor.apsezl@adani.com
Khodiyar, Ahmedabad - 382421 www.adaniports.com
Gujarat, India
CIN: L63090GJ1998PLC034182
Registe red Office: Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421, Gujarat, India
If yes, nature of interest and details
thereof and whether the same is done
at “arm’s length”
3. Industry to which the entity being Liquid storage operator
acquired belongs
4. Objects and impact of acquisition APSEZ is one of the world’s leading
(including but not limited to, port operators and logistics providers,
disclosure of reasons for acquisition with a demonstrated track record of
of target entity, if its business is acquiring, integrating and growing
outside the main line of business of complex port and logistics assets
the listed entity) across multiple jurisdictions.
The Target is Europe’s second-largest
independent liquid storage operator,
with eight strategically located port-
based terminals across key energy and
industrial hubs, including the
Amsterdam-Rotterdam-Antwerp (ARA)
region, Hamburg and the
Mediterranean.
The proposed acquisition represents a
strong strategic fit with APSEZ’s
ambition to build a globally diversified,
integrated transport platform. It
establishes a sizeable European
foothold, materially scales and
diversifies APSEZ’s liquids portfolio,
and provides exposure to the long-
term transition toward new-age fuels.
APSEZ intends to leverage its
operating expertise and integrated
logistics capabilities to strengthen the
Target’s competitive position and
support the long-term development of
critical European trade infrastructure.
5. Brief details of any governmental or The proposed transaction is subject to
regulatory approvals required for the necessary government and/or
acquisition regulatory approvals in India and
relevant foreign jurisdictions.
Adani Ports and Special Economic Zone Ltd Tel +91 79 2555 4444
Adani Corporate House, Shantigram, Fax +91 79 2555 7177
Nr. Vaishno Devi Circle, S. G. Highway, Investor.apsezl@adani.com
Khodiyar, Ahmedabad - 382421 www.adaniports.com
Gujarat, India
CIN: L63090GJ1998PLC034182
Registe red Office: Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421, Gujarat, India
6. Indicative time period for completion 15 (fifteen) months from November 5,
of the acquisition 2026
7. Consideration - whether cash Cash consideration
consideration or share swap or any
other form and details of the same
8. Cost of acquisition and/or the price at Equity consideration of EUR 1,184
which the shares are acquired; million for a 100% stake, subject to
closing adjustments.
9. Percentage of shareholding / control 100% (one hundred per cent) of the
acquired and / or number of shares paid-up share capital of the Target.
acquired
10. Brief background about the entity The Target currently operates a
acquired in terms of products/line of network of eight strategically located
business acquired, date of port-based terminals across seven
incorporation, history of last 3 years major ports in five European countries:
turnover, country in which the the Netherlands (Amsterdam East,
acquired entity has presence and any Amsterdam West, Rotterdam and
other significant information (in brief) Terneuzen), Belgium (Ghent), Germany
(Hamburg), Spain (Algeciras) and
Malta. Its total storage capacity is 6.3
million cubic meters. The Target
provides essential infrastructure for
the storage, handling and
transshipment of liquid products,
including gasoline, gasoil, marine fuels
and jet fuel, alongside transition fuels
such as sustainable aviation fuel (SAF),
biofuels, methanol and bioethanol,
positioning the business to participate
in Europe’s evolving energy mix. The
Target does not own the products it
stores but serves as a critical link in its
customers’ supply chains, offering safe
and reliable storage and logistics
solutions.
Date of Incorporation: December 5,
2019
Adani Ports and Special Economic Zone Ltd Tel +91 79 2555 4444
Adani Corporate House, Shantigram, Fax +91 79 2555 7177
Nr. Vaishno Devi Circle, S. G. Highway, Investor.apsezl@adani.com
Khodiyar, Ahmedabad - 382421 www.adaniports.com
Gujarat, India
CIN: L63090GJ1998PLC034182
Registe red Office: Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421, Gujarat, India
Consolidated income for the last three
financial years (in EUR million):
CY 2025 CY 2024 CY 2023
392 367 323
A copy of the press release dated November 5, 2026, and a copy of the investor
presentation are enclosed herewith. The aforesaid information is also being placed on
the website of APSEZ at www.adaniports.com.
Kindly take the above information on record.
Thanking you,
Yours faithfully,
For Adani Ports and Special Economic Zone Limited
Kamlesh Bhagia
Company Secretary
CC: India International Exchange (IFSC) NSE IFSC Limited (NSE IX),
Limited (India INX) Unit 1301, Brigade International
Gujarat International Finance Tec-City, Financial Center, 13th Floor, Block -14,
Gandhinagar, Gujarat Road 1C, Zone-1, GIFT SEZ, GIFT City,
Gandhinagar, Gujarat
Singapore Exchange Limited
SGX Centre Office
2 Shenton Way, #02-02, SGX Centre 1,
Singapore 068804
Adani Ports and Special Economic Zone Ltd Tel +91 79 2555 4444
Adani Corporate House, Shantigram, Fax +91 79 2555 7177
Nr. Vaishno Devi Circle, S. G. Highway, Investor.apsezl@adani.com
Khodiyar, Ahmedabad - 382421 www.adaniports.com
Gujarat, India
CIN: L63090GJ1998PLC034182
Registe red Office: Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421, Gujarat, India
BSE: 532921 | NSE: ADANIPORTS | Bloomberg: ADSEZ:IN | Reuters: APSE.NS
Media release
APSEZ agrees to acquire 100% of Evos B.V., Europe’s 2nd largest independent liquid storage
operator, at an enterprise value of €2.56 bn
• Transaction establishes a major European liquids platform for APSEZ, comprising eight port
terminals in five countries. Evos is valued at 11.7x CY25 EV/EBITDA
• Evos delivered CY25 revenue and EBITDA at €392 mn & €219 mn respectively (56% EBITDA
margin)
• Evos has 6.3 mn cubic meters of storage capacity and handled 37 MMT of throughput during
CY25. E
[Showing first 8,000 characters — download PDF for full document]