Ecolab announced today that it has reached a definitive agreement to acquire CoolIT Systems for approximately $4.75 billion in cash, a high-growth, high-margin leader in liquid cooling technology for next-generation AI data centers.
With CoolIT’s rapid sales growth, the acquisition is expected to significantly strengthen the company’s Global High-Tech growth engine and accelerate Global Water’s organic sales growth rate by 2% and Ecolab’s total organic sales growth rate by 1%.
CoolIT is expected to generate approximately $550 million in sales over the next 12 months.
Christophe Beck, Ecolab Chairman and CEO, told investors, “AI is transforming the demands on data centers, and liquid cooling is one of the critical technologies that makes advanced computing possible. By bringing together CoolIT’s engineered cooling technologies with Ecolab’s expertise in water, chemistry and digital service, we can provide our customers a complete cooling solution that improves performance and reliability while reducing water and energy use.”
“This acquisition expands our role in serving the AI ecosystem—semiconductor fabs that manufacture chips, power plants that fuel the chips, and data centers that utilize the chips—and positions Ecolab as the partner that the world’s largest technology companies rely on to grow responsibly and sustainably.”
The deal is expected to close in the third quarter of 2026.
By CEO NA Editorial Staff
