Jaypee Fertilizers & Industries Acquired by Adani Ports | Logistics M&A Deal

Adani Ports has signed to acquire Jaypee Fertilizers & Industries, a warehousing distribution business in Uttar Pradesh, for $1,500 crore. Adani Ports acquisitions will give APSEZ indirect control of Kanpur Fertilizers and Chemicals Ltd, which holds about 243 acres of industrial and commercial land in Kanpur for logistics park and warehousing facilities. The warehousing distribution acquisition supports Adani’s inland logistics expansion in north India and strengthens its multi-modal logistics park network from 12 to 16 while nearly quadrupling warehousing capacity by 2031. The add on acquisition is a strategic acquisition under an NCLT-approved JAL resolution plan, with completion expected on the effective date within 90 days of the March 17, 2026 approval.