Ecolab (ECL) said on Friday it would acquire CoolIT Systems from KKR (KKR) for about $4.75 billion in cash, as the water solutions firm seeks to capitalize on surging demand for liquid cooling in artificial intelligence-driven data centers.
March 20, 2026 - 16:33
By Pharos Investment Advisors Comments are Off
Ecolab (ECL) said on Friday it would acquire CoolIT Systems from KKR (KKR) for about $4.75 billion in cash, as the water solutions firm seeks to capitalize on surging demand for liquid cooling in artificial intelligence-driven data centers.
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