MODINE MANUFACTURING CO amended Amendment No. 2 with lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent (effective 2026-04-30).
“On April 30, 2026, Modine Manufacturing Company (the “Company”) and Airedale International Air Conditioning Limited, as borrowers (collectively, the “Borrowers”), entered into Amendment No. 2 (the “Amendment”) to the Sixth Amended and Restated Credit Agreement, dated as of July 10, 2025 (as previously amended, the “Credit Agreement”), by and among the Borrowers, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent.”
Material Agreements
MODINE MANUFACTURING CO amended Amendment No. 1 with JPMorgan Chase Bank, N.A., as administrative agent valued at $150.0 million (effective 2025-12-23).
“On December 23, 2025, Modine Manufacturing Company (the “Company”) and Airedale International Air Conditioning Limited, as borrowers (collectively, the “Borrowers”), entered into Amendment No. 1 (the “Amendment”) to the Sixth Amended and Restated Credit Agreement, dated as of July 10, 2025 (as amended by the Amendment, the “Credit Agreement”), by and among the Borrowers, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent.”
Adrian I. Peace resigned as President, Performance Technologies at MODINE MANUFACTURING CO.
“Effective February 26, 2025, Adrian I. Peace will no longer serve in the role of President, Performance Technologies for Modine Manufacturing Company (the "Company") and will terminate employment with the Company on September 30, 2025.”
Gary Mark Bendza Jr. was appointed as director at MODINE MANUFACTURING CO.
“the Company’s Board of Directors appointed Gary Mark (“Mark”) Bendza Jr., the Chief Financial Officer at Telos Corporation (Nasdaq: TLS), as a director.”
M&A Transactions
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).
“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”
Material Agreements
MODINE MANUFACTURING CO entered into Share Purchase Agreement with Olympic International Agencies Ltd. valued at $257.0 million (CDN), or approximately $191 million (US) (effective 2024-02-23).
“On February 23, 2024, Modine Manufacturing (Canada) Ltd. (the “Purchaser”), a wholly-owned subsidiary of Modine Manufacturing Company (“Modine”), entered into a Share Purchase Agreement (the “SPA”), by and among the Purchaser, Olympic International Agencies Ltd. (the “Seller Parent”), and Modine, pursuant to which the Purchaser agreed to purchase (the “Transaction”) from the Seller Parent of all the issued and outstanding shares in the capital of Scott Springfield MFG Inc.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.