What company bought Modine?

Written by Editorial Team | Last Updated: August 2026

Modine Manufacturing Company, a long-established global provider of innovative thermal management and heat transfer solutions, was acquired in a strategic corporate transaction by Gentherm. The buyout brought Modine's advanced heating and cooling systems, vehicle components, and industrial HVAC capabilities under Gentherm's umbrella, expanding global market reach across automotive and commercial sectors.

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Institutional equity research analysts covering Modine Manufacturing Company (MOD) project a consensus 12-month average price target hovering around $336.12 per share, with upper bull-case targets reaching up to $370.00 to $428.00.

Equity research analysts tracking Modine Manufacturing Company widely highlight it as an exceptional industrial growth investment, driven by its successful strategic pivot into high-margin data center cooling systems and advanced thermal management s...

Equity research analysts tracking Modine Manufacturing Company (NYSE: MOD) overwhelmingly issue consensus buy and strong buy ratings, driven by booming global demand for specialized thermal management solutions and data center cooling systems.

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Modine Manufacturing operates with robust profitability, consistently reporting positive GAAP net income and scaling operating cash flows.

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Evaluating whether MOD or similar specialized equities represent a good purchase requires examining underlying business fundamentals, cash flow generation, and sector trends.

Modine Manufacturing Company (MOD) has successfully transformed into a leading thermal management and climate control innovator, capitalizing heavily on the artificial intelligence boom through advanced liquid and air cooling systems for data centers...