# Adani Group Eyes €3 Billion Acquisition of Dutch Storage Firm VTTI

Global supply chain disruptions drive Adani's interest in Rotterdam-based energy storage infrastructure assets.

- **Source:** [mint - companies](https://www.livemint.com/rss/companies)
- **Published:** 2026-10-28
- **Topic:** [Business](https://brifing.si/c/business)
- **Original article:** <https://www.livemint.com/companies/people/adani-eyes-3-billion-acquisition-of-dutch-energy-storage-firm-vtti-as-supply-disruptions-boost-demand-11793209049359.html>
- **On Brifing:** https://brifing.si/s/2a262779-db66-47c7-a271-5f6fe62d18aa

## Strategic Expansion Plans

Adani Group is currently exploring a potential acquisition of the Dutch energy storage firm VTTI. This move aligns with the conglomerate's broader strategy to expand its global infrastructure portfolio. Sources familiar with the matter indicate that the deal could value the Rotterdam-based company at approximately €3 billion, or $3.4 billion.

## Current Ownership Structure

VTTI is currently held by a consortium of major investors. Australian infrastructure manager IFM Investors Pty and the energy group Vitol SA each maintain a 45% stake in the firm. Abu Dhabi National Oil Co. holds the remaining 10%. These entities are now evaluating potential divestment options for their holdings.

## Market Drivers for Storage

The interest in VTTI stems from increasing global supply disruptions, which have significantly enhanced the value of energy storage facilities. These terminals are essential for trading fossil fuels, biofuels, and various chemical solvents. As market volatility persists, such infrastructure assets provide critical stability and strategic advantages for large-scale energy conglomerates.

## Adani's Infrastructure Ambitions

Adani Group already manages a diverse portfolio including airports, roads, and data centers. The group recently raised 150 billion rupees in July to fund capital expenditures and debt repayment. This financial maneuver supports their aggressive pursuit of international assets, following a recent attempt to acquire a stake in Associated British Ports.

## Competitive Bidding Process

Adani is not the sole party interested in VTTI, as other bidders are also pursuing a stake in the company. While deliberations are ongoing, there is no absolute certainty that a transaction will materialize. Representatives for Adani, IFM, Adnoc, and VTTI have declined to provide official comments regarding these confidential discussions.

## Regulatory and Legal Context

Gautam Adani, India's wealthiest person with a net worth of $105.7 billion, recently secured a dismissal of US securities fraud charges. This legal victory removed a significant hurdle that had previously threatened the conglomerate's expansion plans. The group is now actively seeking to accelerate its growth through targeted overseas acquisitions.

## Operational Scope of VTTI

VTTI operates a global network of terminals specialized in storing fuels and chemicals. Their facilities are vital for the logistics of energy and commodities trading. By acquiring such assets, Adani would gain a significant foothold in the European energy market, further integrating its power-to-ports business model into the global supply chain.

## Future Growth Implications

The potential acquisition highlights the increasing importance of energy storage in a disrupted global economy. If successful, this deal would mark another major step in Adani's transition toward becoming a global infrastructure powerhouse. Investors will be watching closely to see if the group can successfully navigate the competitive bidding landscape.

## Sources covering this story

- https://www.livemint.com/companies/people/adani-eyes-3-billion-acquisition-of-dutch-energy-storage-firm-vtti-as-supply-disruptions-boost-demand-11793209049359.html — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
