Heat Exchanger World Magazine May 2026 | Seite 13

Industry News
Greenseconomise completes 20m shell & tube exchanger
Ecolab to Acquire CoolIT Systems
A 20-metre, 115-tonne shell-andtube heat exchanger has been successfully designed, engineered, manufactured, and delivered by Greenseconomise at its Wakefield facility, marking a major milestone in the company’ s heavy industrial heat transfer capabilities. The unit represents a large-scale, high-precision engineering project, incorporating more than 5,000 tubes within a single exchanger assembly. Built for demanding industrial applications, the equipment is intended to support efficient thermal energy transfer in processes requiring high reliability, performance stability, and long operational lifetimes. The project was executed entirely in-house, from initial concept development through detailed engineering, fabrication, and final assembly. Each stage of production was managed with a focus on quality assurance, mechanical
integrity, and thermal performance optimization, ensuring compliance with stringent industrial standards. Due to its size and complexity, the exchanger required advanced manufacturing coordination, including precision tube bundle assembly, large-scale shell fabrication, and controlled welding and testing procedures. The final unit reflects the capability to deliver customized heat transfer solutions for large industrial clients across global markets. The successful completion and delivery of the system highlight Greenseconomise’ s ability to execute complex thermal engineering projects at scale. It also demonstrates its competence in producing heavy-duty heat exchangers designed for energy-intensive sectors where efficiency, durability, and process reliability are critical performance requirements.
Ecolab has entered into a definitive agreement to acquire CoolIT Systems, a high-growth, highmargin leader in liquid cooling technology for next-gen AI data centers. CoolIT is expected to generate approximately USD 550M in sales over the next 12 months. With CoolIT’ s rapid sales growth, the acquisition is expected to significantly strengthen the company’ s Global High-Tech growth engine and accelerate Global Water’ s organic sales growth rate by 2 % and Ecolab’ s total organic sales growth rate by 1 %. The acquisition, from funds managed by KKR, positions Ecolab as a comprehensive cooling solutions provider by advancing its capabilities across the rapidly growing data center market. CoolIT is a pure-play data center liquid cooling company with endto-end capabilities that design and manufacture high-performance liquid cooling systems, including coolant distribution units( CDUs), cold plates, and direct-to-chip cooling technologies. With more
than 25 years of experience, their technology helps the world’ s largest hyperscale and colocation operators run more efficiently and reliably. As data centers shift from air cooling to liquid cooling to support rising compute demands, CoolIT’ s mission-critical technologies provide the performance needed for advanced AI workloads. By combining CoolIT’ s anchor thermal engineering technologies and design excellence with Ecolab’ s expertise in water, chemistry, fluid management, digital monitoring, and global service, Ecolab is bolstering its Cooling-as-a-Service offering. This integrated solution helps AI data centers improve performance, reduce downtime, and lower water use across their operations. Under the terms of the agreement, Ecolab will pay approximately USD 4.75bn in cash at the closing of the transaction, subject to customary adjustments. This represents 29x and 24x estimated next 12-month and 2027 adjusted EBITDA for CoolIT.
Zero Industrial adds senior leadership appointments
Zero Industrial, Inc., a developer of clean thermal energy and power solutions, has announced the appointment of Charles“ Chuck” Miller as Chief Commercial Officer and Charlie Daum as an independent member of its Board of Directors. The leadership additions come as the company advances a growing pipeline of industrial decarbonization projects across the United States and Canada and moves toward first commercial deployments. Zero Industrial partners with industrial customers to reduce or eliminate fossil-fuel combustion through electrification technologies, including thermal energy storage, heat pumps, and electrode boilers. Its business model is based on long-term
energy-as-a-service agreements that provide lower-cost thermal energy and power without requiring upfront capital investment from customers. The company stated that the new appointments mark a transition from platform development to project execution. Miller brings more than 35 years of experience across energy and distributed generation, having led and developed multiple power and thermal projects throughout his career. He will lead commercial strategy and project development efforts. Daum brings over two decades of experience in infrastructure finance and energy project development, including roles in investment and energy-efficiency-as-a-service
platforms. As an independent director, he will support governance and scaling of Zero Industrial’ s development pipeline.
Both appointments are intended to strengthen execution capability as demand for industrial electrification solutions continues to grow.
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