Divestiture Dec 2009 · Korea Verified
Modine Completes Sale of Modine Korea LLC
Modine Manufacturing Company completed the previously announced sale of 100% of the shares of Modine Korea LLC, its Korean-based vehicular HVAC business, to KB Synthetics Company Limited on December 23, 2009.
“On December 23, 2009, the Company completed the previously announced sale of 100% of the shares of Modine Korea LLC, the Company’s Korean-based vehicular HVAC business, to KB Synthetics Company Limited.”
Entities
KB Synthetics Company Limited · Acquirer Modine Korea LLC · Target Modine Manufacturing Company · Parent
HVAC Sentiment: Neutral
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