Wesco Enters into Definitive Agreement to Acquire Newark Engineering Group, Expanding Data Center Cooling and Lifecycle Services

Wesco International has entered a definitive agreement to acquire Newark Engineering Group, a Singapore-based provider of data center cooling and lifecycle services. The transaction values Newark at 175 million Singapore dollars (approximately $136 million USD) on a cash-free, debt-free basis. Newark generated roughly $60 million in revenue in 2025. Wesco expects the deal to be EBITDA margin accretive and to strengthen its position in the fast-growing Southeast Asia data center market.

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