ECL · 10-Q · 2026Q3 · Full report

Acquisitions and Partnerships

ECOLAB INC. · 2026-10-29 · Importance 71 · Surprise 60 · No source text

Ecolab completed its acquisition of CoolIT Systems on July 2, 2026, paying $4,627.2 million net of cash acquired; the agreement valued the transaction at $4,750 million subject to adjustments. CoolIT designs and manufactures data-center liquid-cooling systems, and the business joined the Global Water reportable segment in the third quarter of 2026. Ecolab acquired Ovivo Electronics for $1,624.6 million net of cash acquired in December 2025; the ultrapure-water technology business is part of Global Water. Cash outflows for acquisitions and investments in affiliates totaled $4,683.1 million in the first nine months of 2026, compared with $0.5 million in 2025.

Key facts

• Ecolab used $4.7 billion for acquisitions and investments in affiliates, net of cash acquired, in the first nine months of 2026; the amount primarily related to the CoolIT Systems acquisition. source
• Ecolab agreed on March 20, 2026 to acquire CoolIT Systems for $4,750 million, subject to adjustments, and completed the acquisition on July 2, 2026, paying $4,627 million in cash, net of cash acquired and after purchase-agreement adjustments. source
• The preliminary acquisition-date fair value of net assets from Ecolab's CoolIT Systems acquisition included $1,755.7 million of identifiable intangible assets and $3,251.1 million of goodwill. source
• Ecolab acquired Ovivo Electronics on December 16, 2025 for $1,625 million in cash, net of cash acquired; the business became part of its Global Water reportable segment. source
• Ecolab completed an immaterial acquisition in April 2026 that became part of its Global Pest Elimination reportable segment. source
• During the first nine months of 2026, Ecolab's Ovivo Electronics purchase accounting adjustments increased goodwill by $152.7 million. source
• Ecolab incurred $42.2 million of acquisition and integration costs in Q3 2026 and $60.9 million in the first nine months of 2026, primarily related to the CoolIT Systems and Ovivo Electronics acquisitions. source
• CoolIT Systems became part of Ecolab’s Global Water reportable segment in Q3 2026. source

Impact estimates