India, Nov. 5 -- Adani Ports and Special Economic Zone Limited (APSEZ) has announced plans to acquire a 100% stake in Netherlands-based Evos B.V., Europe's second-largest independent liquid storage operator, from Igneo Infrastructure Partners for an enterprise value of 2.56 billion euros.
The proposed acquisition will be an all-cash transaction, valuing Evos at an equity value of 1.18 billion euros, with an acquisition multiple of 11.7 times CY25 EV/EBITDA.
Evos reported revenue of 392 million euros and EBITDA of 219 million euros for calendar year 2025, translating into an EBITDA margin of 56%, APSEZ said.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....