---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-008266"
form_type: "8-K"
ticker: "MOD"
cik: "0000067347"
company_name: "MODINE MANUFACTURING CO"
filed_at: "2025-05-30T23:59:59+00:00"
generated_at: "2026-05-20T05:11:29.897376+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Modine acquires L.B. White for ~$112M; deal accretive, expected close May 31

## Summary
- Purchase price ~$112M; EV/TTM EBITDA multiple below 10x; TTM revenue $73.5M.
- L.B. White is a leader in specialty heating for agriculture, construction, and events; 190 employees.
- Deal expected to close May 31, 2025, funded by cash on hand and existing credit facility.
- Acquisition expected to be immediately accretive to EPS; L.B. White to integrate into HVAC Technologies.
- Pro forma net leverage estimated at ~0.8x based on Modine's March 31 balance sheet.

## SEC filing metadata
- accession: 0001558370-25-008266
- form_type: 8-K
- ticker: MOD
- cik: 0000067347
- company_name: MODINE MANUFACTURING CO
- filed_at: 2025-05-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/67347/000155837025008266/0001558370-25-008266-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/67347/000155837025008266/mod-20250529x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-008266
- JSON: https://secwatch.observer/filing/0001558370-25-008266.json
- Plain text: https://secwatch.observer/filing/0001558370-25-008266.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.