ALPHA TRIBE

Aegis Vopak Terminals LimitedJV/Acquisition, 28-10-2025: Acquisition

28-10-2025 | 06:17 pm

Aegis Vopak Terminals is acquiring a 96% equity stake in Aegis Terminal (Pipavav) Limited (ATPL) for 0.048 Cr. ATPL, which will become a subsidiary, focuses on storage and terminalling facilities for oil, chemicals, and petroleum products. Though ATPL is yet to begin commercial operations with nil turnover, this acquisition is a strategic move to support future business activities and expand Aegis Vopak's presence in this sector. It positions the company for potential growth in a new facility.

No comments yet. Be the first to comment!

All announcements from Aegis Vopak Terminals Limited