Energy / WORLD

Agility agrees to sell Tristar energy logistics business to Aegis for $1.5 billion enterprise value

Agility Global said it agreed to sell its 100% stake in the UAE-based energy logistics business to Aegis Logistics; the transaction is subject to approvals.

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Abu Dhabi-based Agility Global said on October 13 that it had agreed to sell its 100% stake in Tristar to India’s Aegis Logistics. The announcement values Tristar at $1.5 billion enterprise value and $882 million equity value.

The company said the valuation is about six times Tristar’s 2025 EBITDA and that closing is expected before the end of March 2027, subject to regulatory approvals. The announcement describes a pending transaction, not a completed sale.

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Agility agrees to sell Tristar energy logistics business to Aegis for $1.5 billion enterprise value

  1. · Occurred

    Agility agrees to sell Tristar energy logistics business to Aegis for $1.5 billion enterprise value

    Agility Global said it agreed to sell its 100% stake in the UAE-based energy logistics business to Aegis Logistics; the transaction is subject to approvals.

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This record summarizes the event reported by the cited primary source and distinguishes planned work from completed activity.

Updated:

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Source-reported indicators

Tristar stake proposed for sale
100 percent
2026-10-13 · Observed
Methodology

This is the existing stake agreed for sale, reported at announcement. Closing remains subject to approvals and has not occurred.

Updated:

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Taxonomy version: IPTC Media Topics 2026-Q2

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