Gentherm and Modine set key dates for Performance Technologies deal

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Go back to Gentherm and Modine set key dates for Performance Technologies deal

Gentherm and Modine Manufacturing Company Announce Additional Information in Connection with Proposed Combination of Gentherm and Modine’s Performance Technologies Business

September 17, 2026 4:34 PM EDT

Modine sets record date for spin-off of Performance Technologies 

Gentherm declares special cash dividend payable following completion of the transaction and conditioned on closing

NOVI, Mich. and RACINE, Wis., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM) (Gentherm) and Modine Manufacturing Company (NYSE: MOD) (Modine) today announced additional information in connection with the anticipated completion of the previously announced combination of Gentherm and Modines Performance Technologies business (the Performance Technologies business).

Under the terms of the transaction, Modine will spin off the... More