Modine's Portfolio Transformation Through M&A and Divestitures

Modine has executed a focused portfolio evolution strategy over the past five years, completing 6 divestitures and 6 acquisitions to shift its business mix toward high-growth, high-margin businesses. The company has been actively looking to exit nonstrategic portions of its Performance Technologies segment, including its automotive business.

“Since beginning our 80/20 journey, we've been executing a focused plan to evolve our portfolio. With 6 divestitures and 6 acquisitions over the past 5 years, we've made tremendous progress shifting our business mix towards high-growth, high-margin businesses, driving improved profitability and creating substantial shareholder value. As we’ve previously discussed, we've been looking to exit nonstrategic portions of our Performance Technologies segment, including our automotive business.”

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