Nextpower Announces Definitive Agreement to Acquire Advanced Power Conversion Product Portfolio - Business Wire
ManufacturingAdd-on
Nextpower→Advanced Power Conversion Product Portfolio
May 12, 2026
CoolIT to Be Sold by KKR to Ecolab
Announced
ManufacturingDivestiture
Deal Overview
KKR has agreed to sell CoolIT to Ecolab in a transaction valued at $4.75 billion. The deal includes an employee participation component, with CoolIT employees set to receive shares as part of the transaction.
CoolIT is a manufacturing business, and the transaction is positioned as a divestiture by KKR to a strategic buyer, Ecolab.
Key Details
- Transaction
- Ecolab acquires CoolIT
- Deal Size
- Over $100M
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