Vertiv completes acquisition of ThermoKey S.p.A., expanding heat rejection for AI data centers

Vertiv Holdings Co

Acquisition of ThermoKey, a heat rejection and heat-exchange technology provider, completed June 12, 2026.
Expands Vertiv's thermal management portfolio and manufacturing capacity in EMEA for AI/high-density data centers.
ThermoKey's CEO Giuseppe Visentini continues to lead the business, providing continuity.
ThermoKey's technologies include dry coolers, heat-exchange solutions, and compatibility with low-GWP refrigerants.
No financial terms of the acquisition were disclosed in the press release.

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