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ANNOUNCEDSpinoffTax-Free Spinoff

Modine Performance Technologies Spinoff

MODModine ManufacturingNYSE

Parent Company

Modine Manufacturing

MOD

Thermal Management

SpinCo / Target

Modine Performance Technologies

ANNOUNCED

2026-01-29

EXPECTED

Q4 2026

MARKET CAP

—

DEAL VALUE

—

Summary

Modine Manufacturing is spinning off its Performance Technologies segment, which provides thermal management solutions for data centers, HVAC, and other high-growth applications.