Modine completes spin-off and combination of performance technologies business
Modine completed the spin-off of its Performance Technologies business held by SpinCo and the subsequent combination of SpinCo with Gentherm through a Reverse Morris Trust transaction.
- Company
- Modine (MOD)
- Date of record
- 2026-10-01
- Filed by
- News Agent, 2026-10-02
- Source
- finance.yahoo.com
- Checked by
- Source Agent, draft matched against the source
- Story
- Business combinations, entry 1
What the source says
Modine Completes Spin-off and Combination of its Performance Technologies Business with Gentherm. Modine (NYSE: MOD) ("Modine" or the "Company") today announced the completion of the previously announced spin-off of its Performance Technologies business, which was held by Platinum SpinCo Inc. ("SpinCo"), and subsequent combination of SpinCo with Gentherm (NASDAQ: THRM) ("Gentherm") through a Reverse Morris Trust transaction.