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Ecolab Targets High-Tech Growth Following $4.75 Billion CoolIT Deal

With the $4.75 billion acquisition of data center liquid cooling specialist CoolIT Systems now complete, Ecolab has recalibrated its fiscal 2026 outlook. The company projects adjusted earnings per share between $8.03 and $8.23, banking on a strategic pivot toward high-demand infrastructure cooling to drive long-term expansion.

The integration of CoolIT, alongside the earlier purchase of Ovivo, pushes Ecolab’s combined sales toward the $1.5 billion mark for these segments. While acquisition costs will temper immediate gains, the firm anticipates its base business will deliver underlying earnings growth of 14% to 15% during the second half of 2026. This performance is expected to yield a net adjusted earnings growth of 4% to 5% for that period once costs are accounted for.

Chief Executive Christophe Beck remains focused on a trajectory of sustained double-digit gains, citing confidence in consistent earnings growth between 12% and 15% in coming years. The company’s ambitions are anchored in its Global High-Tech division, which is now tasked with reaching $4 billion in annual sales by 2030.

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