AcquisitionsJun 12, 2026, 06:41 AM
Vertiv Completes Acquisition of ThermoKey to Boost AI Data Center Thermal Management
AI Summary
Vertiv Holdings Co announced the completion of its acquisition of ThermoKey S.p.A., a leading provider of heat rejection and heat-exchange technologies. This strategic acquisition is expected to expand Vertiv's thermal management portfolio and manufacturing capabilities, particularly in Europe, Middle East, and Africa (EMEA). It aims to strengthen Vertiv's ability to deliver system-level solutions for AI factories and high-density data centers, leveraging ThermoKey's expertise in heat-exchange solutions, dry coolers, and compatibility with low-GWP and natural refrigerants.
Key Highlights
- Vertiv completed the acquisition of ThermoKey S.p.A. on June 12, 2026.
- The acquisition expands Vertiv's thermal management portfolio and manufacturing capabilities in EMEA.
- It strengthens Vertiv's ability to deliver system-level solutions for AI factories and high-density data centers.
- ThermoKey brings over 30 years of engineering expertise in heat-exchange solutions.
- ThermoKey's technology includes dry coolers and compatibility with low-GWP and natural refrigerants.
- ThermoKey's Rivarotta, Italy operations will remain a key hub for manufacturing, engineering, and support.
- Giuseppe Visentini will continue as CEO of ThermoKey.
Price Impact
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