NYSE:MODBuilding
Modine Gentherm Deal Refocuses Thermal Growth On Data Center Demand
Modine Manufacturing (NYSE:MOD) announced a spinoff of its Performance Technologies segment.
The segment will be combined with Gentherm in a new structure designed to support growth.
The move is intended to create more focused businesses in thermal management and related markets.
For you as an investor, this transaction reshapes how Modine is positioned in thermal management, especially in areas like data centers where cooling and energy efficiency are key themes. The separation of...