SLB outlines Kelvion acquisition, highlighting data center cooling expansion and $120 million EBITDA synergies target - SLB News | RalliesSLB outlines Kelvion acquisition, highlighting data center cooling expansion and $120 million EBITDA synergies target
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SLB• SLB outlines Kelvion acquisition plans
- SLB outlined plans to acquire Kelvion, a global provider of thermal-management and heat-exchange technologies.
- The deal targets expansion of SLB’s Data Center Solutions offering as AI drives higher rack heat loads and tighter cooling constraints.
- Management highlighted expected annual EBITDA synergies of $120 million by year three.
- Presentation materials cited an implied valuation multiple of 8.5x after synergies.
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