Trane Technologies to Acquire LiquidStack

Trane Technologies announced a definitive agreement to acquire LiquidStack, building on its 2023 minority investment, to enhance data center thermal management. LiquidStack will operate within Trane's Commercial HVAC business unit and its CEO will join Trane in a leadership role. Expected to close early 2026; financial terms not disclosed.

“Building on Trane Technologies’ minority investment in LiquidStack in 2023, this acquisition enhances Trane Technologies’ data center thermal management solutions, spanning chillers, heat rejection, controls, liquid distribution, and on chip cooling, and will scale LiquidStack’s pioneering technology globally.”

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