Modine Manufacturing acquires Airedale International

Modine Manufacturing Co. acquired privately held Airedale International Air Conditioning Limited of Leeds, England for approximately $38 million in cash. Airedale had 2004 revenues of about $75 million, and the deal nearly doubled the size of Modine's HVACR business.

“Modine Manufacturing Co. has acquired privately held Airedale International Air Conditioning Limited of Leeds, England, for approximately $38 million in cash.”

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