Modine Manufacturing Company Completes Spin-off and Merger with Gentherm Incorporated
Acquiring Company
Modine Manufacturing
Acquired Company
Gentherm Incorporated
RacineNorthvilleManufacturingEnergyRenewable EnergyWaterManufacturingSoftwareTransportationDescription
On October 1, 2026, Modine Manufacturing Company and Gentherm Incorporated completed the spin-off of Modine's Performance Technologies business and its combination with Gentherm. This transaction was executed as a Reverse Morris Trust. The strategic move aims to enhance growth and efficiency within the thermal management industry. Both companies expect this merger to leverage their strengths in technology and market reach.
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Frequently asked
Who acquired Gentherm Incorporated?
Gentherm Incorporated was acquired by Modine Manufacturing, based in Racine. The deal was reported on October 1, 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 Incorporated?
Modine Manufacturing's acquisition of Gentherm Incorporated was reported on October 1, 2026. On October 1, 2026, Modine Manufacturing Company and Gentherm Incorporated completed the spin-off of Modine's Performance Technologies business and its combination with Gentherm. This transaction was executed as a Reverse Morris Trust. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Gentherm Incorporated do?
It is publicly traded (THRM), operating in Manufacturing, and is based in Northville.
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