Adani Ports' €2.56 billion acquisition of Evos signals major European expansion.
Context
What happened: Adani Ports and Special Economic Zone (APSEZ) will acquire European storage company Evos for 2.56 billion euros, according to NDTV.
Key numbers: Purchase price 2.56 billion euros. Evos calendar year 2025 revenue 392 million euros and EBITDA 219 million euros, a 56 per cent EBITDA margin.
Why it matters: The deal would add a European storage operator with a 56 per cent EBITDA margin to APSEZ's portfolio.