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Gentherm merges with Modine’s Performance Technologies

PUBLIC · THRMOct 01, 2026

Acquiring Company

Gentherm Incorporated

Acquired Company

Modine Manufacturing

NorthvilleRacineManufacturingSoftwareTransportationManufacturingEnergyRenewable EnergyWater

Description

Gentherm has completed its acquisition of Modine’s Performance Technologies business. This combination creates a global leader in thermal and precision flow management solutions. Modine shareholders received Gentherm stock as part of the transaction, retaining some ownership of Modine stock as well.

Company Information

Company

Gentherm Incorporated

Location

Northville, Michigan, United States

About

Gentherm is a global market leader in thermal management and pneumatic comfort technologies for the automotive industry, also specializing in medical patient temperature management systems and offering a wide array of automotive products tailored for enhanced comfort, safety, and performance.

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Frequently asked

Who acquired Modine Manufacturing?

Modine Manufacturing was acquired by Gentherm Incorporated, based in Northville. The deal was reported on October 1, 2026. Gentherm Incorporated is publicly traded (THRM) and operates in Manufacturing.

When did Gentherm Incorporated acquire Modine Manufacturing?

Gentherm Incorporated's acquisition of Modine Manufacturing was reported on October 1, 2026. Gentherm has completed its acquisition of Modine’s Performance Technologies business. This combination creates a global leader in thermal and precision flow management solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Modine Manufacturing do?

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 reported net sales of $2.6 billion in the fiscal year ending March 31. It is publicly traded (MOD), operating in Manufacturing, and is based in Racine.

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