Acquiring Company
Ecolab
Acquired Company
CoolIT Systems
St. Paul
CalgaryManufacturingEnergyWaterWater PurificationManufacturingDescription
Ecolab has announced a definitive agreement to acquire CoolIT Systems for approximately $4.75 billion in cash. This acquisition aims to enhance Ecolab's cooling solutions for AI data centers, bolstering its Global High-Tech growth strategy. CoolIT's advanced liquid cooling technologies will significantly expand Ecolab’s market opportunity. The deal is expected to accelerate Ecolab’s organic sales growth and enhance its position in the technology sector.
Quick answer
Ecolab is acquiring CoolIT Systems for $4.8 billion, announced March 20, 2026. Ecolab is based in St. Paul, Minnesota, United States.
- How much did Ecolab pay for CoolIT Systems?
- The reported deal value is $4.8 billion.
- What does Ecolab do?
- A trusted partner for millions of customers, Ecolab is a global sustainability leader offering water, hygiene and infection prevention solutions and services that protect people and the resources vital to life.
- Where are Ecolab and CoolIT Systems based?
- Ecolab is based in St. Paul, Minnesota, United States. CoolIT Systems is based in Calgary, Alberta, Canada.
- Who are the decision-makers at Ecolab?
- Fundz holds 2 contacts at Ecolab. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Energy and Water
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Ecolab to acquire Frigeo Holdings for $4.75b, $4.8B (April 17, 2026)
- CITCO Water acquires Pump & Process and Legacy Environmental (March 31, 2026)
- Tencarva acquires WWaterTech Services, Inc. (April 22, 2026)
- Essential Utilities merges with American Water (April 22, 2026)
- American Water Works acquires Livingston Municipal Water Works (April 18, 2026)
- Empower EIT acquires Conductive Energy for lithium leadership (April 16, 2026)
Who to call at Ecolab, and when
When Ecolab changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Ecolab raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ecolab, from your own LinkedIn network
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Related People
Frequently asked
Who acquired CoolIT Systems?
CoolIT Systems was acquired by Ecolab, based in St. Paul. The deal was reported on March 20, 2026. A trusted partner for millions of customers, Ecolab is a global sustainability leader offering water, hygiene and infection prevention solutions and services that protect people and the resources vital to life. Ecolab is publicly traded (ECL) and operates in Manufacturing.
When did Ecolab acquire CoolIT Systems?
Ecolab's acquisition of CoolIT Systems was reported on March 20, 2026. Ecolab has announced a definitive agreement to acquire CoolIT Systems for approximately $4.75 billion in cash. This acquisition aims to enhance Ecolab's cooling solutions for AI data centers, bolstering its Global High-Tech growth strategy. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CoolIT Systems do?
CoolIT Systems specializes in scalable liquid cooling solutions for the world's most demanding computing environments. A 23-year pioneer in liquid cooling for microprocessors, CoolIT's technology cools over 5 million GPUs and CPUs globally. It is privately held, operating in Manufacturing, and is based in Calgary.
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