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Modine shares jump as $1B performance technologies merger deal with Gentherm takes shape

・Before the transaction closes, Modine is expected to receive a cash distribution of about $210 million from the spun-off unit. ・Afterward, Modine holders will own approximately 40% of the combined ...
Hosted on MSN

Modine to divest performance technologies unit to Gentherm for ~$1B

Modine Manufacturing (MOD) stock jumped after the thermal management technology company announced a sale of its performance technologies business to Gentherm (THRM) for ~$1B. The transaction value ...
Nasdaq

Gentherm and Modine’s Performance Technologies Business to Combine, Establishing a Scaled Leader in Thermal Management Solutions

NOVI, Mich. and RACINE, Wis., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader of innovative thermal management and pneumatic comfort technologies, and Modine (NYSE: ...
Seeking Alpha

Modine Manufacturing Company (MOD) Discusses Spin-Off and Combination of Performance Technologies Segment with Gentherm - Slideshow

The following slide deck was published by Modine Manufacturing Company in conjunction with this event.