Latest / Breaking News To Trading Moves
Ecolab and the Liquid Cooling AI Revolution
Ecolab buys CoolIT for $4.75 billion to tap the AI data centre cooling boom
The company is buying CoolIT Systems from KKR for about $4.75 billion in cash, a deal aimed squarely at the fast-growing liquid-cooling side of AI data centres. CoolIT supplies liquid cooling systems to hyperscale and colocation operators and counts Nvidia and AMD among its customers. Ecolab expects CoolIT to generate about $550 million in sales over the next 12 months, with the deal expected to close in Q3 2026.
Why this matters
This is bigger than just one acquisition. The market has already been rewarding anything…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.