Apollo Buys Majority Stake in Kelvion to Boost Data Center Cooling


Apollo Buys Majority Stake in Kelvion to Boost Data Center Cooling

📅 - Apollo-managed funds will acquire a majority stake in Kelvion, a century-old Germany-based provider of energy-efficient heat exchange and cooling solutions, from funds advised by Triton, which will retain a minority share. Kelvion has evolved into a key player in advanced thermal management, with data center cooling now its largest and fastest-growing business segment.

Kelvion also serves industries central to the energy transition, including carbon capture, hydrogen, electrification, renewables, and heat pumps. Its technology supports mission-critical operations globally, with manufacturing and service locations across the Americas, EMEA, and APAC.

Triton acquired the former GEA Heat [...][... Check source for end of article ...]
Tags: Data Center

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