secwatch.observer — SEC 8-K summary
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Issuer:     MODINE MANUFACTURING CO (MOD)
CIK:        0000067347
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0001140361-24-010889
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Modine completes acquisition of Scott Springfield MFG for $191M USD
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67347/000114036124010889/0001140361-24-010889-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67347/000114036124010889/ef20022857_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-010889

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer