Wesco has reached an agreement to acquire a Singapore-based provider of cooling and lifecycle services for data centers, company officials announced.
Wesco officials said that the addition of Newark Engineering Group would bolster its presence in Southeast Asia, as well as its overall capabilities in data center cooling and lifecycle operations. Newark’s advanced thermal management systems are utilized in Singapore as well as Indonesia and Malaysia.
The transaction, expected to close in the third quarter of the year, is valued at $136 million. Newark generated approximately $60 million in revenue in 2025, Wesco officials said.
"Newark provides integrated, turnkey cooling solutions with strong partnerships and a blue-chip customer base that includes global technology and Fortune 500 companies," Wesco Chairman, President and CEO John Engel said in a statement. “This acquisition expands our participation in the data center value chain, particularly in engineered cooling and lifecycle services, and provides a strong growth platform in Southeast Asia.”
