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Reported directly by Data Centre Magazine — the official primary source for this announcement.

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Home/Tech/Ecolab Acquires CoolIT Systems for $4.75 Billion
VERIFIEDBy Xavier Rivera· ·1 min read

Ecolab Acquires CoolIT Systems for $4.75 Billion

Ecolab agreed to purchase CoolIT Systems from KKR for about $4.75 billion in cash to expand its offerings in AI data center liquid cooling. The business is forecast to add approximately $550 million in sales over the next year and become accretive to earnings by 2028.

Source:Data Centre Magazine
Post
Ecolab Acquires CoolIT Systems for $4.75 Billion
TL;DRAI · 60 sec read

Ecolab buys CoolIT Systems from KKR for $4.75 billion in cash. The acquisition targets demand for liquid cooling in AI data centers. CoolIT designs systems used by hyperscalers and firms like Nvidia and AMD. The deal will support Ecolab's water expertise and boost earnings per share from 2028.

Ecolab announced plans to buy CoolIT Systems from KKR in an all-cash transaction valued at approximately $4.75 billion.

Ecolab targets AI-driven liquid cooling demand. The company reported the agreement on March 20, 2026, as it seeks to benefit from rising interest in liquid cooling solutions for data centers supporting artificial intelligence workloads. CoolIT focuses on the design and production of liquid cooling technology deployed by hyperscale and colocation facility operators.
Its client list includes Nvidia and AMD.

Its client list includes Nvidia and AMD. Ecolab anticipates the business will deliver roughly $550 million in revenue during the coming 12 months.
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Deal terms and financial impact outlined. The transaction is scheduled to finalize during the third quarter of 2026 and is projected to boost Ecolab's adjusted diluted earnings per share starting in 2028. Shares of Ecolab fell 1 percent in premarket trading after the disclosure.
The step aligns with broader industry movement away from traditional air-based systems toward liquid alternatives needed to manage elevated processor densities in AI environments.
Strategic fit with Ecolab's existing capabilities. The purchase builds on Ecolab’s expertise in water management, chemical applications, and digital oversight tools. It strengthens the firm’s ability to deliver integrated cooling and fluid handling services.
The step aligns with broader industry movement away from traditional air-based systems toward liquid alternatives needed to manage elevated processor densities in AI environments. No additional financial details were released.
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