Modine Performance Technologies Spinoff
In Plain English
Modine Manufacturing Company is splitting off Modine Performance Technologies into its own separate, publicly-traded company. Shareholders typically receive shares in the new entity automatically. This was recently announced.
Modine Performance Technologies will become a separate public company
Deal Progress
RUMORED
ANNOUNCED
PENDING
ACTIVE
COMPLETED
Parent Company
Modine Manufacturing Company
MOD
Industrials
SpinCo / Target
Modine Performance Technologies
Announced
Jan 29, 2026
3mo ago
Expected
Q4 2026
Market Cap
Not disclosed
Deal Value
Not disclosed
Summary
Modine Manufacturing to spin off its Performance Technologies segment.
Deal Flow Timeline
Key milestones from announcement to expected completion
Deal Announced
2026-01-29
COMPLETEDForm 10 Filed
UPCOMINGIRS Tax Ruling
UPCOMINGShareholder Approval
UPCOMINGRecord Date
Q4 2026
UPCOMINGDistribution / Completion
Q4 2026
UPCOMINGDeal Announced
COMPLETEDInitial public announcement of the transaction.
2026-01-29
Form 10 Filed
UPCOMINGRegistration statement filed with the SEC for the new entity.
IRS Tax Ruling
UPCOMINGPrivate letter ruling confirming tax-free treatment.
Shareholder Approval
UPCOMINGBoard and/or shareholder vote to approve the separation.
Record Date
UPCOMINGRecord date for distribution of new shares.
Est: Q4 2026
Distribution / Completion
UPCOMINGShares of the new entity distributed to shareholders.
Est: Q4 2026