✉news Business Business first seen 5 h ago, last 1 h ago, peak #8

Modine Completes Spin-off of Performance Technologies Business, Combines with Gentherm

Original: Modine Completes Spin-off and Combination of its Performance Technologies Business with Gentherm

Modine has completed the spin-off of its Performance Technologies business and its combination with Gentherm, creating a combined entity in the thermal management sector. The move, announced via press release, marks a major restructuring for Modine as it streamlines its operations around its core climate solutions business while Performance Technologies shareholders gain a stake in the merged Gentherm business.

Why now: A significant corporate restructuring in the thermal management industry was just completed and announced.

Modine Gentherm Performance Technologies

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Modine Completes Spin-off and Combination of its Performance Technologies Business with Gentherm · PR Newswire

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