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SLB to acquire Kelvion for data center expansion

PUBLIC · SLBAug 31, 20268 days ago

Acquiring Company

SLB

Acquired Company

Kelvion

NorwayEnergyOil And GasSoftwareRenewable EnergyManufacturing

Description

SLB has announced an agreement to acquire Kelvion, enhancing its Data Center Solutions business with advanced thermal management technologies. This acquisition aims to strengthen SLB's position in the rapidly growing data center infrastructure market. The deal reflects SLB's commitment to advancing technology in this sector.

Company Information

Company

SLB

Location

Norway

About

SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day to decarbonize oil and gas and develop scalable new energy technologies to accelerate the energy transition. Find out more at slb.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Kelvion?

Kelvion was acquired by SLB, based in Norway. The deal was reported on August 31, 2026. SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. SLB is publicly traded (SLB) and operates in Energy.

When did SLB acquire Kelvion?

SLB's acquisition of Kelvion was reported on August 31, 2026. SLB has announced an agreement to acquire Kelvion, enhancing its Data Center Solutions business with advanced thermal management technologies. This acquisition aims to strengthen SLB's position in the rapidly growing data center infrastructure market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Kelvion do?

Kelvion is a manufacturer of cooling equipment, previously part of the GEA Group. The company specializes in heat exchangers and cooling solutions across various industries. Kelvion has been recognized for its innovative technologies in thermal engineering. It is privately held, operating in Manufacturing.

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