Modine to Become Modexus Solutions, Marking Next Chapter as Diversified Thermal Management Solutions Company
Modine will rebrand as Modexus Solutions once it completes the spinoff of its Performance Technologies business and the merger with Gentherm, and the renamed company will keep trading on the NYSE under the MOD ticker. Gentherm shareholders overwhelmingly approved the transaction at a special meeting on September 10, 2026, and closing is expected on October 1, 2026, subject to customary conditions. Modine's own shareholders must still approve the name change at a special meeting to be called within three months after closing. Leadership and the board carry over — Neil D.
Key figures
- Ticker post change
- MOD (unchanged, NYSE)
- Employees worldwide
- more than 13,000
- Expected close date
- October 1, 2026
- Name change vote window
- special meeting of stockholders within three months following closing
- Gentherm shareholder approval date
- September 10, 2026
AI analysis
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