Modine spins off Performance Technologies unit, merges it with Gentherm

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Go back to Modine spins off Performance Technologies unit, merges it with Gentherm

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

October 1, 2026 4:39 PM EDT

Announces Final Exchange Ratio and Cash Distribution to Modine

RACINE, Wis., Oct. 1, 2026 /PRNewswire/ -- 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... More