Modine Manufacturing Completes Acquisition of Luvata Heat Transfer Solutions

Modine Manufacturing Company completed its previously-announced acquisition of the Luvata Heat Transfer Solutions business from Luvata Heat Transfer Solutions II AB. The deal closed on November 30, 2016, for an aggregate consideration of approximately $418 million, consisting of cash and stock.

“On November 30, 2016 (the “Completion Date”), Modine Manufacturing Company (the “Company”) completed its previously-announced acquisition of the shares of multiple target companies (the “Target Companies”) held by Luvata Heat Transfer Solutions II AB, a company incorporated in Sweden (“Luvata”), which together represent the Luvata Heat Transfer Solutions business.”

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