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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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