Recent events
Recent events tied to this brand in public sources.
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2021
Modine announces sale of Austrian automotive business
Modine announced that it had signed a definitive agreement to sell part of its European air-cooled automotive business, including its Kottingbrunn, Austria manufacturing facility, to Schmid Metall GmbH. The transaction was expected to close in the first half of 2021, subject to regulatory approvals and other customary conditions.
2020
Modine announces sale of liquid-cooled automotive business to Dana
Modine announced that it had signed a definitive agreement with Dana to sell the liquid-cooled portion of its automotive business, representing approximately 70% of Automotive business revenue. The transaction was expected to close in the first half of 2021, subject to regulatory approvals and other customary closing conditions.