Acquiring Company
Modine Manufacturing
Acquired Company
Gentherm
RacineManufacturingEnergyRenewable EnergyWaterBiotechnologyData And AnalyticsHealth CareScience And EngineeringDescription
Modine Manufacturing confirmed its merger with Gentherm, targeting completion on October 1, 2026. This strategic move follows a planned spin-off of Modine's Performance Technologies business effective from September 28, 2026. The merger aims to bolster growth in thermal management revenues amid rising investor confidence. Modine's stock has shown strong performance leading up to this significant corporate transition.
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Based on deal dataFrequently asked
Who acquired Gentherm?
Gentherm was acquired by Modine Manufacturing, based in Racine. The deal was reported on September 19, 2026. 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 Gentherm?
Modine Manufacturing's acquisition of Gentherm was reported on September 19, 2026. Modine Manufacturing confirmed its merger with Gentherm, targeting completion on October 1, 2026. This strategic move follows a planned spin-off of Modine's Performance Technologies business effective from September 28, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Gentherm do?
Gentherm (NASDAQ:THRM) is a global developer and marketer of innovative thermal management technologies for a broad range of heating and cooling and temperature control applications. It is publicly traded (NTLA), operating in Biotechnology.
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