M&A
confidence high
sentiment positive
materiality 0.90
Ecolab to acquire CoolIT Systems for $4.75B; updates 2026 EPS guidance
ECOLAB INC.
- Acquisition of CoolIT Systems for $4.75B cash; expected close Q3 2026, subject to regulatory approvals.
- CoolIT expected to generate ~$550M sales next 12 months; expands Global High-Tech market from $5B to $10B.
- Deal expected to accelerate Global Water organic sales growth by 2% and Ecolab total by 1% one year post-close.
- 2026 adj. EPS guidance: Q1 $1.69-$1.71 (up 13-14% YoY); full-year $8.43-$8.63 (up 12-15% YoY), excluding CoolIT.
- Financed with new debt; pro forma leverage ~3x at close, returning to 2x by end of second year after closing.