Modine Acquires Scott Springfield Manufacturing, Gaining Air Handling Unit Offering for Strategic Data Center and Indoor Air Quality Markets
Acquiring Company
Modine Manufacturing
Acquired Company
Scott Springfield Manufacturing
Racine
CalgaryManufacturingEnergyRenewable EnergyWaterManufacturingDescription
Modine, a diversified global leader in innovative thermal management and ventilation solutions, has entered into a definitive agreement to acquire Scott Springfield Manufacturing, a leading manufacturer of air handling units (AHU). With this acquisition, Modine will gain immediate access to a highly complementary product portfolio and a blue-chip customer base in several strategic end markets, including hyperscale and colocation data centers, healthcare, and aerospace. The acquisition is expected to enhance Modine's complete suite of products in the data center area and expand its indoor air quality offerings, positioning Modine as a one-stop shop for mission-critical HVAC solutions.
Quick answer
Modine Manufacturing is acquiring Scott Springfield Manufacturing, announced February 26, 2024. Modine Manufacturing is based in Racine, Wisconsin, United States.
- How much did Modine Manufacturing pay for Scott Springfield Manufacturing?
- The deal value was not disclosed.
- What does Modine Manufacturing do?
- Modine Manufacturing engineers, manufactures and tests a variety of heating and cooling products and HVAC systems.
- Where are Modine Manufacturing and Scott Springfield Manufacturing based?
- Modine Manufacturing is based in Racine, Wisconsin, United States. Scott Springfield Manufacturing is based in Calgary, Alberta, Canada.
- Who are the decision-makers at Modine Manufacturing?
- Fundz holds 3 contacts at Modine Manufacturing. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Modine Manufacturing, and when
When Modine Manufacturing changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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- The decision-makers there, with verified emails
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Frequently asked
Who acquired Scott Springfield Manufacturing?
Scott Springfield Manufacturing was acquired by Modine Manufacturing, based in Racine. The deal was reported on February 26, 2024. Modine Manufacturing engineers, manufactures and tests a variety of heating and cooling products and HVAC systems. The company has more than 11,000 employees worldwide. Modine Manufacturing is publicly traded (MOD) and operates in Manufacturing.
When did Modine Manufacturing acquire Scott Springfield Manufacturing?
Modine Manufacturing's acquisition of Scott Springfield Manufacturing was reported on February 26, 2024. Modine, a diversified global leader in innovative thermal management and ventilation solutions, has entered into a definitive agreement to acquire Scott Springfield Manufacturing, a leading manufacturer of air handling units (AHU). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Scott Springfield Manufacturing do?
Built With Pride Since 1978, Scott Springfield Mfg. Inc. is a leading manufacturer of Custom Air Handlers. Utilizing the latest technologies to design and manufacture, we provide our clientele with a flexible solution to their air handler needs. It is privately held, operating in Manufacturing, and is based in Calgary.
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