Brief: Gentherm And Modine’S Performance Technologies Business To Combine, Establishing A Scaled Leader In Thermal Management Solutions
29/01/2026 12:23
Jan 29 (Reuters) - Modine Manufacturing Co MOD.N: GENTHERM AND MODINE’S PERFORMANCE TECHNOLOGIES BUSINESS TO COMBINE, ESTABLISHING A SCALED LEADER IN THERMAL MANAGEMENT SOLUTIONS GENTHERM INC - REVERSE MORRIS TRUST DEAL VALUED AT ABOUT $1.0 BILLION GENTHERM INC - MODINE SHAREHOLDERS TO OWN 40% OF COMBINED COMPANY GENTHERM INC - BILL PRESLEY AND JON DOUYARD TO LEAD COMBINED COMPANY AS CEO & CFO RESPECTIVELY GENTHERM INC - MODINE SHAREHOLDERS TO OWN TWO FOCUSED BUSINESSES MODINE MANUFACTURING CO: GENTHERM SEEES PRELIMINARY FY25 PRODUCT REVENUES $1.49B – $1.50B Source text: ID:nGNX6PcDlq Further company coverage: MOD.N ((Reuters.Briefs@thomsonreuters.com;))
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