Deal typeM&A
IndustryManufacturing
Sub-industryTransport & Logistics
The BDO team in India negotiated on behalf of lenders for the sale of Dighi Port, an all-weather greenfield port in Maharashtra, to Adani Ports & SEZ Ltd. The deal was valued at INR7,100 million (aprox. USD95 million).
Adani Ports plans to invest over INR100 billion (USD1.37 billion) to develop the port into a multi-cargo port with world class infrastructure as well as invest in the development of rail and road evacuation infrastructure for seamless and efficient cargo movement.
The company will strengthen and repair existing infrastructure and invest in the development of facilities for dry, container, and liquid cargo.