Modine Manufacturing (MOD) to Acquire AbsolutAire

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Modine Announces Agreement to Acquire AbsolutAire

March 11, 2025 4:15 PM EDT

Acquisition provides direct-fired industrial heating, ventilation, and make-up air systems that complement Modine's existing Heating and Indoor Air Quality businesses

RACINE, Wis., March 11, 2025 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in innovative thermal management technology and solutions, announced today that it had entered into a definitive agreement to acquire AbsolutAire, a manufacturer of direct-fired heating, ventilation, and make-up air systems. Modine expects the transaction to close April... More