Aegis Logistics Share Price Surges Over 4% as Company to Acquire 89.8% Stake in Tristar

Written by: Team Angel OneUpdated on: 14 Oct 2026, 5:23 pm IST

Aegis Logistics has approved the acquisition of an 89.8% stake in Tristar Holdings for $809 million.

Aegis Logistics has approved the acquisition of an 89.8% stake in Tristar Holdings Limited for $809 million. The decision was taken at a board meeting held on October 13, 2026.

The purchase will be made through Aegis Logistics International Pte Ltd, the company’s wholly owned step-down subsidiary in Singapore. The deal is expected to be completed in Q4 FY2027.

Tristar Reports $1.4 Billion Revenue

Tristar, which operates in more than 30 countries, provides liquid logistics services covering maritime transport, road transport, fuel storage, fuel distribution, and aviation fuelling.

The company reported revenue of $1.401 billion for 2025, up from $1.22 billion in 2024 and $1.089 billion in 2023. Its EBITDA stood at $257 million, while net profit was $82 million for 2025.

Aegis Expects Immediate Profit Contribution

Aegis said the acquisition is expected to contribute to its overall profitability immediately, along with providing long-term strategic benefits.

The $809 million equity consideration includes contingent consideration and interest on deferred payments. The acquisition will give Aegis an 89.8% stake in the Dubai-incorporated company.

As of 14 October 2026, at 9:43 AM, Aegis Logistics share price was trading at ₹1,449.90 per share, reflecting a surge of 4.16% from the previous trading session.

Conclusion

With the proposed acquisition, Aegis Logistics is set to take a majority stake in a liquid logistics business with operations across more than 30 countries. The company expects the transaction to support its profitability, with completion planned for Q4 FY2027.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 14, 2026, 11:53 AM IST

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