Deal closed Nov 2016 · Racine, Wisconsin Verified
Modine Manufacturing Completes Acquisition of Luvata Heat Transfer Solutions (HTS Group)
Modine Manufacturing Company completed the acquisition of the HTS Group, representing the Luvata Heat Transfer Solutions business, from Luvata Heat Transfer Solutions II AB on November 30, 2016. The filing is an amendment to provide the required financial statements for the acquired business.
“On December 6, 2016, Modine Manufacturing Company (the “Company”) filed a current report on Form 8-K (the “Original Form 8-K”) disclosing certain information relating to the November 30, 2016 completion of the Company’s acquisition of the shares of multiple target companies (the “HTS Group”) held by Luvata Heat Transfer Solutions II AB, a company incorporated in Sweden, which together represented the Luvata Heat Transfer Solutions business.”
Entities
HTS Group · Target Luvata Heat Transfer Solutions II AB · Target Modine Manufacturing Company · Acquirer
HVAC Sentiment: Neutral
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.