NYSE:ECLChemicals
Ecolab Targets Data Center Growth With CoolIT Deal And US$4.8b Funding
Ecolab (NYSE:ECL) plans to acquire CoolIT Systems, expanding into specialized cooling solutions.
The deal is supported by a US$4.8 billion financing initiative.
This move broadens Ecolab's technology footprint beyond its traditional water, hygiene and infection prevention focus.
Ecolab is known for its water treatment, hygiene and infection prevention solutions across industrial, institutional and healthcare customers. Adding CoolIT Systems brings exposure to advanced cooling technology, an...