Modine Manufacturing Company announced on September 10, 2026, that it will rebrand as Modexus Solutions upon the completion of a spinoff of its Performance Technologies business and a merger with Gentherm. The company stated that the name change is subject to approval by its shareholders via an amendment to the company’s Articles of Incorporation.
According to the filing, the transaction was overwhelmingly approved by Gentherm shareholders at a special meeting held on September 10, 2026. The deal is currently expected to close on October 1, 2026, contingent upon the satisfaction of customary closing conditions. Upon completion, the new entity will trade on the New York Stock Exchange under the ticker symbol “MOD.”
Modine indicated that it plans to call a special meeting of stockholders to vote on the proposed name change within three months of the transaction’s closing. The company will continue to be led by President and Chief Executive Officer Neil D. Brinker and Chief Financial Officer Michael (Mick) Lucareli, with the current Board of Directors overseeing the transition.
The filing notes that the new name reflects the company’s position as a diversified thermal management company serving high-growth markets, including data center cooling, commercial HVAC, and refrigeration. Modine described the move as a step to carry forward the company’s century-long heritage while emphasizing its leadership in innovative, connected thermal systems.