Wesco International has entered into a definitive agreement to acquire Newark Engineering Group, a Singapore-based provider of engineered cooling solutions and lifecycle services for data centres.
The $US136 million acquisition expands Wesco's capabilities in data centre cooling and lifecycle services and strengthens its presence in the fast-growing Southeast Asia region.
Newark specialises in the design, supply, installation, commissioning and maintenance of advanced thermal management systems that are mission-critical to data centre performance and reliability.
The company serves customers across Southeast Asia, including Singapore, Malaysia, and Indonesia, delivering integrated solutions across the full data centre lifecycle—from design and installation to ongoing maintenance and optimisation.
Under the terms of the agreement, Wesco will acquire 100% of Newark for a cash-free, debt-free purchase price of 175 million Singapore dollars.
Wesco chair, president & CEO, John Engel, said Newark provides integrated, turnkey cooling solutions, with strong partnerships and a blue-chip customer base that includes global technology and Fortune 500 companies.
"This acquisition expands our participation in the data centre value chain, particularly in engineered cooling and lifecycle services, and provides a strong growth platform in Southeast Asia,” he said.
“It's a service-led business with attractive margins, and we see a clear path to above-market growth by leveraging Wesco's global customer relationships and expanding solutions portfolio. We expect this acquisition to enhance our growth profile, support margin expansion, and generate attractive returns within the first year."
The combination creates meaningful commercial opportunities by bringing together Newark's established regional customer relationships with Wesco's global account coverage.
Wesco expects to expand access to hyperscale, enterprise, and colocation data centre customers while increasing share of wallet through cross-selling electrical, communications, and supply chain solutions across Newark's installed base.
Newark generated approximately $US60 million in revenue in 2025. Newark Engineering Group managing director, Fanny Lee, said partnering with Wesco will accelerate the company’s growth and expand their ability to serve data centre customers across Southeast Asia.
“Wesco's global platform and complementary capabilities will allow us to broaden our solutions portfolio, access new customers, and scale the business,” Lee said.
The transaction is expected to close in the third quarter of 2026.
Wesco International is a Fortune 500 company with approximately $US24 billion in annual sales in 2025 and a leading provider of business-to-business distribution, logistics services and supply chain solutions.