---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-009017"
form_type: "8-K"
ticker: "MOD"
cik: "0000067347"
company_name: "MODINE MANUFACTURING CO"
filed_at: "2025-07-01T23:59:59+00:00"
generated_at: "2026-05-18T11:16:31.890841+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Modine completes ~$65M acquisition of Climate by Design International, realigns segments

## Summary
- ~$65M cash purchase of desiccant-based dehumidification and air handling firm; expected FY26 revenue $45M.
- Acquisition multiple below 10x EV/FWD EBITDA, accretive to EPS; pro forma net leverage ~1.1x.
- CDI serves ice arenas, food processing, battery cell manufacturing; strengthens Commercial IAQ portfolio to >$100M.
- Performance Technologies re-segmented into Heavy-Duty Equipment and On-Highway Applications; Advanced Solutions (EV) now in On-Highway.
- Climate Solutions re-segmented into Heat Transfer Solutions, HVAC Technologies, Data Centers; Commercial IAQ moved to HVAC Technologies.

## SEC filing metadata
- accession: 0001558370-25-009017
- form_type: 8-K
- ticker: MOD
- cik: 0000067347
- company_name: MODINE MANUFACTURING CO
- filed_at: 2025-07-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/67347/000155837025009017/0001558370-25-009017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/67347/000155837025009017/mod-20250701x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-009017
- JSON: https://secwatch.observer/filing/0001558370-25-009017.json
- Plain text: https://secwatch.observer/filing/0001558370-25-009017.txt

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