Adani Group is among the suitors for Rotterdam-based VTTI as the South Asian nation pursues overseas deals, Bloomberg has reported<\/p>\n
India\u2019s Adani Group is among the suitors for Dutch energy storage company VTTI, as the South Asian nation\u2019s businesses aggressively pursue overseas deals linked to energy and manufacturing, Bloomberg reported.
\nVTTI\u2019s massive terminal capacity acts as a vital buffer in times of supply disruptions and volatile commodity markets. A deal could value the Rotterdam-based VTTI at around $3.4 billion, the report said.
\nAdani Group, which is backed by billionaire Gautam Adani, has interests spanning ports to power generation, airports, data centers, and mining assets.
\nAustralian infrastructure player IFM Investors Pty and energy and commodities trader Vitol SA have a 45% stake each in VTTI, with Abu Dhabi National Oil Company (ADNOC) holding the rest.
\nADNOC is reportedly open to shedding its entire stake in VTTI, which runs facilities that store and distribute crude oil and liquefied petroleum gas and biofuels, apart from linking these to transportation infrastructure \u2013 trucks, ships and pipelines.<\/p>\n
\u201cThe only steel plant left in the Netherlands today is a Tata Steel plant,\u201d says a smiling Commerce Minister Piyush Goyal in the Netherlands https:\/\/t.co\/cjr3XKHfXP\u2014 Shashank Mattoo (@MattooShashank) October 26, 2026<\/p>\n
None of the businesses involved have publicly commented on the report.
\nWith a net worth of $105.7 billion, Gautam Adani is India\u2019s richest person, according to the Bloomberg Billionaires Index.
\nThe Adani group has been at the forefront of Indian businesses pursuing overseas deals. It recently considered buying a stake in the UK\u2019s largest port operator, Associated British Ports. IFM ultimately won that deal, which valued AB Ports at $13.4 billion.
\nIn July, the group\u2019s flagship Adani Enterprises raised $1.6 billion from institutional investors, to fund capital expenditure and debt repayment.<\/p>\n
Read more<\/p>\n
India\u2019s defense export story is becoming harder to ignore<\/p>\n
New Delhi has flaunted Indian firms\u2019 appetite for foreign acquisitions and their growing overseas presence. \u201cThe only steel plant left in the Netherlands today is a Tata Steel plant,\u201d Indian Commerce Minister Piyush Goyal noted with a chuckle during an official visit to the country on Monday.
\nEarlier this month, Tata Motors cleared a milestone in its takeover bid for Italian truck manufacturer Iveco Group, receiving provisional acceptances that crossed the 80% stake requirement threshold, Reuters reported.
\nIndia\u2019s Reliance Industries is also funding the construction of the first new oil refinery in the US in 50 years. The $300 billion facility, to be located in Brownsville, Texas, will be developed by America First Refining.<\/p>\n","protected":false},"excerpt":{"rendered":"
Adani Group is among the suitors for Rotterdam-based VTTI as the South Asian nation pursues overseas deals, Bloomberg has reported India\u2019s Adani Group is among the suitors for Dutch energy…<\/p>\n","protected":false},"author":1,"featured_media":40752,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[4,6,3],"tags":[],"class_list":["post-40751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-environment","category-politics"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t