Modine Manufacturing (MOD) Completes Luvata Heat Transfer Solutions Acquisition
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Modine Completes Acquisition of Luvata Heat Transfer Solutions
November 30, 2016 12:04 PM ESTRACINE, Wis., Nov. 30, 2016 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today the completion of its previously disclosed agreement to purchase Luvata Heat Transfer Solutions (HTS). The agreement to acquire the company was announced on September 6, 2016. The purchase price was approximately $418 million.
Luvata HTS is a leading manufacturer of commercial and industrial coils, coolers and related products, primarily for the HVAC&R markets. Luvata HTS's product offering covers a broad range of... More
