Aegis Logistics will acquire an 89.8% stake in Dubai-based Tristar Holdings for $809 million, in what sources call India Inc's biggest sole Middle East buyout. Tristar, an integrated liquid logistics provider operating in over 30 countries, posted $1.4 billion revenue and $82 million net profit for the year ended December 31, 2025. The deal awaits regulatory approvals.
Aegis Logistics to buy 89.8% of Dubai's Tristar for $809 mn
Source: Moneycontrol