# Aegis Logistics Shares Rise on $809 Million Tristar Acquisition Deal

- URL: https://stocks.freetheai.org/news/aegis-logistics-shares-rise-on-809-million-tristar-acquisition-deal-6a119f
- Published: 2026-10-14T09:01:13Z
- Category: mergers; sentiment: bullish; impact: high
- Symbols: [NSE:AEGISLOG](https://stocks.freetheai.org/symbols/NSE-AEGISLOG)
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Aegis Logistics Limited (NSE:AEGISLOG) shares rose over 7% following the announcement that its subsidiary, Aegis Logistics International Pte, signed a definitive agreement to acquire an 89.9% controlling stake in Dubai-based Tristar Holdings. The equity consideration for the transaction is $809 million, with the stake being acquired from Agility Tristar Holdings, Gulf Investment Corporation, and Diamond Holdings.

The acquisition marks a major strategic expansion for Aegis Logistics from a primary focus on domestic operations into international energy logistics. Tristar Holdings provides integrated liquid logistics across maritime transportation, fuel storage, road transit, and aviation fuelling in over 30 countries. In 2025, Tristar reported consolidated revenue of $1.4 billion, EBITDA of $257 million, and net profit of $82 million. Management expects the deal to immediately add to overall profitability while expanding market reach.

The transaction remains subject to regulatory approvals and is anticipated to complete in the fourth quarter of the current financial year. Investors will be keeping an eye on regulatory progress and the integration of Tristar's international customer base and assets.

## Key points

- Aegis Logistics agreed to buy an 89.9% stake in Dubai-based Tristar Holdings for $809 million in equity consideration.
- Tristar operates in more than 30 countries and generated $1.4 billion in revenue and $82 million in net profit in 2025.
- The deal expands Aegis Logistics into international liquid energy logistics including maritime and aviation fueling.
- The transaction requires regulatory approvals and is scheduled to close in the fourth quarter of the current financial year.

## Questions and answers

### Why did Aegis Logistics shares surge?

Shares rose after Aegis Logistics announced an $809 million deal to buy an 89.9% controlling stake in Dubai-based Tristar Holdings.

### How much is Aegis Logistics paying for Tristar Holdings?

Aegis Logistics is paying $809 million in equity consideration for an 89.9% controlling stake in Tristar Holdings.

### When will the Aegis Logistics acquisition of Tristar close?

The acquisition is subject to regulatory approvals and is expected to close in the fourth quarter of the current financial year.