Modine to spin off Performance Technologies business
04 February 2026
After closing, Modine will become pure-play climate solutions company.
Modine, a supplier of thermal management technology and solutions and Gentherm, a supplier of thermal management and pneumatic comfort technologies, have entered into a definitive agreement whereby Modine will spin-off and simultaneously combine its Performance Technologies business with Gentherm in a Reverse Morris Trust (RMT) transaction that is intended to…
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