Gentherm to Acquire Modine's Performance Technologies Business via SpinCo Merger

Gentherm Incorporated announced a proposed business combination with Platinum SpinCo Corporation, which will hold Modine Manufacturing Company's Performance Technologies business. The transaction is structured as a spin-off of the Performance Technologies business into SpinCo, followed by a merger with Gentherm. The deal is expected to close in Q4 2026, after which Modine Performance Technologies will operate as a division of Gentherm.

“The following communication is being filed in connection with the proposed business combination between Gentherm Incorporated and Platinum SpinCo Corporation (“SpinCo”), Modine Manufacturing Company’s Performance Technologies business.”

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