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Gentherm to merge with Modine for Performance Technologies

PUBLIC · NTLASep 13, 2026•about 4 hours ago

Acquiring Company

Gentherm

Acquired Company

Modine Manufacturing Company

RacineBiotechnologyData And AnalyticsHealth CareScience And EngineeringManufacturingEnergyRenewable EnergyWater

Description

Gentherm has received shareholder approval for the merger with Modine's Performance Technologies business, set to finalize on October 1. Approximately 99% of Gentherm's voters supported the share issuance required for the deal. Both companies have cleared necessary regulatory approvals, making this merger an important milestone for Gentherm's growth strategy.

Company Information

Company

Gentherm

About

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. Automotive products include variable temperature Climate Control Seats, heated automotive interior systems (including heated seats, steering wheels, armrests and other components), battery performance solutions, cable systems and other electronic devices. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has more than 10,000 employees in facilities in the United States, Germany, China, Hungary, Japan, Korea, North Macedonia, Malta, Mexico, United Kingdom, Ukraine, and Vietnam. For more information, go to www.gentherm.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 Modine Manufacturing Company?

Modine Manufacturing Company was acquired by Gentherm. The deal was reported on September 13, 2026. 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. Gentherm is publicly traded (NTLA) and operates in Biotechnology.

When did Gentherm acquire Modine Manufacturing Company?

Gentherm's acquisition of Modine Manufacturing Company was reported on September 13, 2026. Gentherm has received shareholder approval for the merger with Modine's Performance Technologies business, set to finalize on October 1. Approximately 99% of Gentherm's voters supported the share issuance required for the deal. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Modine Manufacturing Company do?

Modine Manufacturing Company, a leader in thermal management technology, specializes in air quality improvement and natural resource conservation. It is publicly traded (MOD), operating in Manufacturing, and is based in Racine.

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