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Reading: $4.75 billion deal.. Mubadala announces the sale of its stake in Cole IT to Ecolab
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$4.75 billion deal.. Mubadala announces the sale of its stake in Cole IT to Ecolab

Mubadala invested in Cole IT Systems in 2023

Sami Zarqa
Last updated: 26/03/2026 1:10 pm
Sami Zarqa
Sami Zarqa
BySami Zarqa
News Editor
A professional journalist and writer, he has worked in the media and visual journalism field for over 20 years. During his career, he has covered various...
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$4.75 billion deal.. Mubadala announces the sale of its stake in Cole IT to Ecolab
Major cloud computing companies and data center operators around the world rely on Cole IT's innovative solutions (Image/WAM)
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Highlights
  • global leader
  • Supporting artificial intelligence infrastructure
  • Well-established position in the market

Abu Dhabi, UAE – Mubadala Investment Company announced the conclusion of a final agreement to sell its minority stake in Cool IT Systems, a global leader in providing liquid cooling solutions for data centers, to Ecolab.

This is part of a deal led by KKR worth US$4.75 billion.

Mubadala invested in Cole IT Systems in 2023, along with KKR, through its Global Impact Fund II.

global leader

Cole IT Systems is one of the world’s leading companies in advanced liquid cooling technologies, with accumulated experience extending for about 25 years.

It focuses on designing and manufacturing advanced systems that contribute to enabling and promoting the sustainable expansion of data centers.

Which supports meeting the growing demand for computing capabilities supported by artificial intelligence technologies.

In a related context, data centers that rely on traditional air cooling processes consume up to 50% of the facility’s total energy.

While liquid-cooled data centers use 30 to 40% less energy.

It also contributes to reducing water consumption thanks to closed-circuit cooling systems that limit water waste and evaporation.

Supporting artificial intelligence infrastructure

Today, major cloud computing companies and data center operators around the world rely on Cole IT’s innovative solutions.

This is to enhance energy efficiency and support high-density AI infrastructure in more than 300 data centers worldwide.

In terms of operational performance, Cole IT has achieved tangible improvements and exceptional growth in various areas of its business. Driven by a strong methodology focused on maximizing value, continuous innovation in its products and solutions, and expanding its partnerships with major cloud computing companies.

Since 2023, the company has successfully expanded its manufacturing capacity to exceed 300,000 square feet.

It also increased its production capacity of coolant distribution units by 25-fold, and its workforce witnessed a significant boom with the addition of more than 300 jobs.

Well-established position in the market

Today, Cole IT has a well-established position in the market.

It succeeded in creating a supportive environment to achieve expected revenue growth of nearly four times. Earnings before interest, taxes, depreciation and amortization are expected to increase nearly tenfold in 2026.

On the global front, data centers are expected to consume 945 terawatt-hours of energy by 2030.

This exceeds the current total consumption of two countries such as Germany and France combined, and is more than double the consumption in 2024 of 415 terawatt-hours.

Data centers’ water consumption is also expected to reach 450 million gallons per day. This equates to the daily water needs of approximately 5 million people, compared to 292 million gallons in 2022.

In this context, the effectiveness of CoolIT solutions has emerged, as it succeeded in saving approximately 2.18 billion kilowatt-hours of energy in 2025 alone.

This is enough to supply about 200,000 homes with electricity for an entire year.

This transaction is subject to normal regulatory approvals and is expected to be completed during the third quarter of 2026.

TAGGED:artificial intelligenceMubadalaVoice Of Emirates
SOURCES:WAMVoice of the Emirates
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