Adani Ports to broaden global reach with Evos deal

Adani Ports and SEZ Ltd (APSEZ) has signed an agreement to acquire Evos, a deal aimed at expanding its international footprint and boosting liquid storage capacity. The purchase will strengthen APSEZ's presence in European energy hubs. It will also diversify the company's earnings base. Exposure to high‑value liquid storage and sustainable fuels will grow as a result. The move follows strong earnings reported for the September quarter. Management also raised its guidance, supporting a positive growth outlook. ## Context The acquisition aligns with a trend of Indian logistics firms seeking overseas assets to broaden revenue sources and meet rising demand for clean‑fuel storage.