Wesco agrees to buy Singapore-based Newark Engineering Group for SGD 175 million

Wesco International

Wesco International

WCC

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  • Wesco agreed to buy Singapore-based Newark Engineering Group, adding engineered cooling solutions and lifecycle services for data centers.
  • Deal values Newark at SGD 175 million (about USD 136 million) on a cash-free, debt-free basis for 100% of the company.
  • Newark generated about USD 60 million of revenue in 2025; Wesco expects the acquisition to be EBITDA margin accretive.
  • Transaction is expected to close in Q3 2026, subject to customary regulatory approvals and closing conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WESCO International Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606081645PR_NEWS_USPR_____NE78300) on June 08, 2026, and is solely responsible for the information contained therein.

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