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Modine merges with Gentherm, becoming Modexus Solutions

PRIVATESep 10, 2026about 3 hours ago

Acquiring Company

Modine

Acquired Company

Gentherm

ManufacturingEnergyRenewable EnergyWaterBiotechnologyData And AnalyticsHealth CareScience And Engineering

Description

On September 10, 2026, Modine announced it will merge with Gentherm and rebrand as Modexus Solutions. The transaction received overwhelming approval from Gentherm shareholders and is expected to close on October 1, 2026. This merger will position Modexus Solutions as a diversified leader in thermal management serving high-growth markets.

Company Information

Company

Modine

About

At Modine, we are Engineering a Cleaner, Healthier WorldTM. Building on more than 100 years of excellence in thermal management, we provide trusted systems and solutions that improve air quality and conserve natural resources. More than 11,000 employees are at work in every corner of the globe, delivering the solutions our customers need, where they need them. Our Climate Solutions and Performance Technologies segments support our purpose by improving air quality, reducing energy and water consumption, lowering harmful emissions and enabling cleaner running vehicles and environmentally-friendly refrigerants. Modine is a global company headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe and Asia. For more information about Modine, visit www.modine.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Gentherm?

Gentherm was acquired by Modine. The deal was reported on September 10, 2026. At Modine, we are Engineering a Cleaner, Healthier WorldTM. Modine is privately held and operates in Manufacturing.

When did Modine acquire Gentherm?

Modine's acquisition of Gentherm was reported on September 10, 2026. On September 10, 2026, Modine announced it will merge with Gentherm and rebrand as Modexus Solutions. The transaction received overwhelming approval from Gentherm shareholders and is expected to close on October 1, 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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