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Modine in exclusive negotiations to acquire UK air-handling maker Barkell Limited

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Relationship map for Modine in exclusive negotiations to acquire UK air-handling maker Barkell Limitedparent ofModine Manufacturing Co.: Operating CompanyModine Manufacturing …Airedale: Operating CompanyAiredale
Operating Company

Parties
Acquirer
Modine Manufacturing Co.
Operating Company
Target
Airedale
Operating Company

Market signals

Summary

Modine Manufacturing entered exclusive negotiations to acquire UK custom air-handling-unit maker Barkell Limited via its Airedale subsidiary, expanding its HVAC air-handling product line. Deal expected to close in Q1 2014; terms undisclosed.