Company profile • Company
Kelvion
A heat exchanger specialist whose dry coolers and plates appear in the plant, not the rack.
Direct answer
What this record says
Kelvion is a cooling supplier headquartered in Bochum, Germany. This record tracks no products of theirs and no deployments it is named in. Capabilities here are company-reported until independent evidence is attached. Last reviewed Aug. 31, 2026 against 4 sources.
- Headquarters
- Bochum, Germany
- Ownership
- Apollo-managed funds (majority) and funds advised by Triton (minority); pending acquisition by SLB announced 31 August 2026, expected to close in the first half of 2027
- Architectures
- 3 architectures
- Evidence state
- Company reported
Company brief
What Kelvion does
Ownership first, because it is the newest fact on this record and the one a buyer will ask about: on 31 August 2026 SLB agreed to acquire Kelvion from Apollo-managed funds and funds advised by Triton, for approximately $3.4 billion in cash plus approximately $0.7 billion of assumed debt. That agreement is signed, not completed. Both parties expect to close in the first half of 2027 subject to regulatory approvals, so for any procurement running before then the counterparty is still Kelvion under its current owners, and the practical questions are about continuity of quotations, warranties, and service rather than about SLB.
Kelvion makes heat exchangers and outdoor heat-rejection gear, not chip cold plates or full server racks. A plate heat exchanger can keep building water apart from another loop while heat passes through the metal. A dry cooler moves heat from water or glycol into outdoor air.
The same type of plate can help with heat reuse by keeping the data-center water apart from a town, office, or factory heating loop. This deep focus lets a plant designer choose the plate shape, metal, size, and pressure loss for one job. Another firm still has to join the pumps, controls, coolant distribution units, any chillers, and the server gear.
Buyers should give Kelvion the real fluid mix, flow, pressure, temperatures, site height, dirt allowance, and worst summer weather. They should not size a unit from a simple megawatt label. Check rust and seal risk, cleaning access, shutoff and bypass, spare fans, noise, freeze safety, land use, output on the hottest day, and the backup plan when no one wants reused heat.
Kelvion posts data-center uses and named outdoor-cooling stories, but its home page gives little result data for each job. Kelvion reports its range, savings language, and stories itself. Public proof supports its plant role, but not a third-party product ranking, installed price, or duty for the full cooling system.
Use the connected product and deployment records to distinguish a stated capability from evidence that the company has delivered it.
Visit company website- Company type
- Thermal component supplier
- Headquarters
- Bochum, Germany
- Founded
- Not disclosed
- Ownership
- Apollo-managed funds (majority) and funds advised by Triton (minority); pending acquisition by SLB announced 31 August 2026, expected to close in the first half of 2027
- Market listing
- Not publicly listed
- Evidence status
- Company reported
Ownership
Pending and recorded transactions
Each transaction is recorded as a dated event. Ownership on this record changes when a deal closes, not when it is announced.
- Pending closeAcquisition
SLB agreed to acquire 100% of Kelvion from Apollo-managed funds and funds advised by Triton for approximately $3.4 billion in cash plus approximately $0.7 billion of assumed debt. Ownership does not change until the transaction closes, which the parties expect in the first half of 2027.
- Acquirer
- SLB
- Stake on closing
- 100%
- Stated value
- US$4.1 billion
- Debt assumed
- US$700 million
- Effective
- First half of 2027, subject to regulatory approvals
- Sellers
- Apollo-managed funds; Funds advised by Triton
Capability matrix
What Kelvion can be shown to do
Stated capability, tracked products, and recorded projects are three different facts. A blank cell means this database has no record of it yet, not that the company does not do it.
| Architecture | Equipment categories | Tracked products | Recorded projects |
|---|---|---|---|
| Dry cooling | 2 | — | — |
| Hybrid air and liquid cooling | — | — | — |
| Data-center heat reuse | 2 | — | — |
Connected records
Cooling technologies
Dry cooling
Fans blow outside air across a coil to dump the heat. No water is consumed.
Hybrid air and liquid cooling
Liquid takes the heat off the processors while air handles the rest of the rack. Almost every liquid-cooled hall works this way.
Data-center heat reuse
Instead of throwing the server heat away, sell it to someone who needs heat: a district network, a neighboring building, a factory.
Connected records
Equipment categories
Evidence ledger
Sources and evidence
Capabilities in this profile are traced to company materials. Treat them as supplier claims until a customer, filing, standard, or operating project confirms them.
- 01Kelvion — official website
Kelvion
- 02
- 03Apollo funds agree to sell Kelvion to SLB for $4.1 billion
Apollo Global Management · Aug 31, 2026
- 04SLB expands data center business with $4.1 billion deal for Kelvion
Reuters · Aug 31, 2026
Record information
- Record ID
- DCC / COMP / KELVION
- Record reviewed
- Aug. 31, 2026
- Newest source published
- Aug. 31, 2026
- Record first published
- Aug. 9, 2026
- External sources
- 4
- Search visibility
- Withheld until the gaps below are closed
Required fields this record has not addressed yet, most important first:
- Tracked products
- Tracked deployments
- Founded
Why this record is withheld from search:
- A company record needs at least one connected product or deployment.
Decide between
Comparable companies
Records covering the same cooling architecture, most-evidenced first.
Add two or more, then open the comparison to see every stated claim, its duty point, and its source side by side.
Provenance
Record timeline
Each event that changed this record, with the report that explains it.
- Ownership changedownership: Apollo-managed funds (majority) and funds advised by Triton (minority) → Apollo-managed funds (majority) and funds advised by Triton (minority); pending acquisition by SLB announced 31 August 2026, expected to close in the first half of 2027
- Connection addedConnected records: added Kelvion
Latest coverage
Intelligence mentioning Kelvion
Decision support