Modine to rename as Modexus Solutions after spinoff and merger with Gentherm, trading under same ticker.

Modine announced it will become Modexus Solutions following the spinoff of its Performance Technologies business and merger with Gentherm, pending shareholder approval. The new name reflects its focus on thermal management for high-growth markets like data centers and HVAC. The merger, approved by Gentherm shareholders, is expected to close by October 1, 2026. Modexus Solutions will continue under current leadership and trade on the NYSE with the ticker 'MOD.'