Smiths acquires DRC Heat Transfer for £164M

Smiths Group agreed to acquire US-based DRC Heat Transfer, a designer and manufacturer of custom heat transfer and cooling solutions for data center power generators, for £164 million. DRC will be integrated into Flex-Tek's industrial heat business.

“This acquisition marks further progress on our strategy as we scale Flex-Tek’s industrial heat business into higher growth end markets.”smiths.com

• 1 source
• smiths.comSmiths acquires DRC Heat Transfer | Smiths GroupMar 3, 2026

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