Modine Manufacturing Company /
LBW Holding
Modine Manufacturing Company agrees to merge with LBW Holding Corp.
What happened
Modine Manufacturing Company entered into an agreement with LBW Holding Corp. on May 29, 2025. Under the agreement, LBW Holding Corp. will become a wholly owned subsidiary of Modine Manufacturing Company.
The closing consideration includes $112,000,000, adjusted for cash, working capital, debt and seller transaction costs. Terms weren't disclosed.
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Modine Manufacturing Company agrees to merge with LBW Holding Corp.
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