Majority stake Announced Feb 2026 Closed Mar 2026 Verified
Trane to acquire liquid cooling company LiquidStack
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Summary
Trane Technologies entered a definitive agreement to acquire LiquidStack, a US data centre liquid cooling leader, building on a 2023 minority investment. LiquidStack will operate within Trane's Commercial HVAC Americas business unit; the deal is expected to close early 2026 with undisclosed terms.