Acquiring Company
Global Net Lease
Acquired Company
Modiv Industrial
Description
Modiv Industrial's stockholders have approved the merger with Global Net Lease. Approximately 94% of the votes at the special meeting were in favor of the transaction. This acquisition was previously announced and is expected to enhance Global Net Lease's portfolio.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Modiv Industrial?
Modiv Industrial was acquired by Global Net Lease, based in New York. The deal was reported on August 10, 2026. Global Net Lease, Inc. Global Net Lease is publicly traded (GNL) and operates in Real Estate.
When did Global Net Lease acquire Modiv Industrial?
Global Net Lease's acquisition of Modiv Industrial was reported on August 10, 2026. Modiv Industrial's stockholders have approved the merger with Global Net Lease. Approximately 94% of the votes at the special meeting were in favor of the transaction. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Modiv Industrial do?
Modiv Industrial, Inc. is the only public REIT exclusively focused on acquiring industrial manufacturing real estate. The company announced its first quarter 2024 results, demonstrating growth in rental income and AFFO. It is publicly traded (MDV), operating in Manufacturing, and is based in Reno.