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APSEZ to buy Europe’s second-largest independent liquid storage operator from Igneo for €2.56b

Monday, November 9, 2026 · first reported by IREI

Igneo Infrastructure Partners is selling Evos, a liquid storage business with terminals in Europe, to Adani Ports and Special Economic Zone (APSEZ). The cash transaction puts enterprise value at €2.56 billion ($2.8 billion). IREI describes Evos as the continent's number two among independent operators in the sector.

Evos runs eight port terminals in the Netherlands, Germany, Spain, Belgium and Malta, with 6.3 million cubic meters of capacity and 452 tanks. Throughput came to 37 million tonnes in 2025. The product range covers gasoline, gasoil, marine fuels, jet fuel, sustainable aviation fuel, biofuels, methanol and bioethanol.

Also named
Adani Ports and Special Economic Zone, Evos
Deal value
$2.8B
People
Karan Adani
Asset class
Infrastructure
Geography
Europe, Asia-Pacific

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

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