Gentherm completes acquisition of Modine's Performance Technologies unit

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Gentherm Completes Combination with Modine’s Performance Technologies Business

October 1, 2026 4:36 PM EDT

Combination Creates Global Market Leader of Thermal and Precision Flow Management Technologies

Announces Appointment of Paul Mascarenas to its Board of Directors

NOVI, Mich., Oct. 01, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM) (the Company or Gentherm), a global market leader of thermal and precision flow management technologies, today announced it has completed the previously announced combination with Modines Performance Technologies business (the Business). The transaction was first announced on January 29, 2026.

"Today marks the start of the next phase for Gentherm. Together, we have created a global leader in thermal and... More