{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-010889","form_type":"8-K","ticker":"MOD","cik":"0000067347","company_name":"MODINE MANUFACTURING CO","filed_at":"2024-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.683563+00:00","generated_at":"2026-06-05T05:05:04.278131+00:00","sec_items":["2.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Modine completes acquisition of Scott Springfield MFG for $191M USD","bullets":["Acquisition completed on March 1, 2024 via wholly-owned subsidiary Modine Manufacturing (Canada) Ltd.","Purchase price of $257M CAD (~$191M USD) on a cash-free, debt-free basis.","Consideration partly held in escrow for post-closing adjustments and indemnification.","Funded with cash on hand and existing credit facility; no material relationship with seller."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-010889","json":"https://secwatch.observer/filing/0001140361-24-010889.json","markdown":"https://secwatch.observer/filing/0001140361-24-010889.md","text":"https://secwatch.observer/filing/0001140361-24-010889.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/67347/000114036124010889/0001140361-24-010889-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/67347/000114036124010889/ef20022857_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T05:05:04.278131+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d1c14b29290544946f308dd567f8307447d67649","claim":"MODINE MANUFACTURING CO completed an acquisition involving Olympic International Agencies Ltd. for $257.0 million (CDN), or approximately $191 million (US), on a cash-free, debt-free basis (closed 2024-03-01).","evidence_excerpt":"and Modine. As a result of the transaction, the Corporation is a wholly-owned subsidiary of Purchaser. The aggregate purchase price paid by the Company to the Seller Parent was $257.0 million (CDN), or approximately $191 million (US), on a cash-free, debt-free basis. A portion of the consideration will be held in escrow pending certain post-closing working capital","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/67347/000114036124010889/0001140361-24-010889-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Olympic International Agencies Ltd."},{"label":"Consideration","value":"$257.0 million (CDN), or approximately $191 million (US), on a cash-free, debt-free basis"},{"label":"Closing","value":"2024-03-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}