Adani Ports agrees $2.9 billion Evos acquisition
Adani Ports agreed to acquire Evos for €2.56 billion, or $2.9 billion in the earlier report, adding 6.3 million cubic metres of European liquid-storage capacity. OI Charts data showed the stock down 1.3% with futures short build-up.
pre-market2 sources ↓machine-written, see hownot a recommendation
- ADANIPORTS close
- ₹1,885
- On the day
- -1.33%
- Futures OI, short build-up
- +0.5%
- Put-call ratio
- 0.77
- Max pain
- ₹1,820
Adani Ports and Special Economic Zone agreed to acquire Netherlands-headquartered liquid-storage operator Evos B.V. from Igneo Infrastructure Partners in an all-cash transaction announced on 5 Nov 2026. Maritime Gateway valued the proposed acquisition at €2.56 billion, while the earlier report cited an enterprise value of $2.9 billion. The deal would give the Indian port operator control of Europe’s second-largest independent liquid-storage business, subject to regulatory approvals and works council consultation. ⚓
Evos operates eight port-based terminals across the Netherlands, Germany, Spain, Belgium and Malta, with 6.3 million cubic metres of combined storage capacity across 452 tanks and 63 vessel and barge berths. Its pipeline connections include links to Schiphol Airport and the Central Europe Pipeline System. The business handled 37 million tonnes of throughput in calendar year 2025, connecting major energy and industrial hubs in the Amsterdam-Rotterdam-Antwerp region, Hamburg and the Mediterranean. This expands the acquirer’s infrastructure footprint beyond India and adds liquid-storage capabilities alongside its port operations. ⚡
The transaction is material for the infrastructure and energy sectors because it adds assets positioned across established fuel distribution and industrial networks. The all-cash structure keeps funding, leverage and integration central to the market assessment. The earlier report put Evos’s equity value at $1.3 billion and enterprise value at 11.7 times calendar-year 2025 EBITDA; Maritime Gateway’s report adds operational scale and throughput but does not provide revised financing terms.
OI Charts data for 05 Nov 2026 showed the stock at ₹1,885, down 1.3% on the day, with volume of 2,474,713 shares. It had gained 0.7% over five sessions and 6.2% over 20 sessions, and remained near its 52-week high of ₹1,949 recorded that day. Futures open interest rose 0.5% to 14,941,125 shares in a short build-up, while the futures premium was 0.23% and the put-call ratio was 0.77.
For the 23 Nov 2026 expiry, the largest call open interest was at ₹1,900, the largest put open interest at ₹1,800 and max pain was ₹1,820. Investors will watch regulatory approvals, works council consultation and further disclosures on financing, completion and integration. 🏗️
Source: urbanacres.in, 06 Nov 2026; Maritime Gateway, 06 Nov 2026
Not investment advice. For informational purposes only.