Expansion May 2005
Airedale acquisition nearly doubles Modine's HVACR business
Modine's CEO noted the Airedale acquisition fits its criteria for product, market, customer, and geographic diversification and nearly doubles the size of Modine's HVACR business.
“He noted that the acquisition of Airedale nearly doubles the size of Modine's HVACR business.”
Entities
Airedale International Air Conditioning Limited · Target Modine Manufacturing Co. · Acquirer
HVAC
Source: www.achrnews.com
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.