Modine Manufacturing Company entered into a definitive agreement to acquire L.B. White Company, LLC for an enterprise value $112 million.

Core Viewpoint - Modine Manufacturing Company has entered into a definitive agreement to acquire L.B. White Company, LLC for an enterprise value of $112 million, with the transaction expected to close on May 31, 2025 [1] Company Summary - The acquisition of L.B. White Company, LLC is valued at $112 million, indicating a strategic move by Modine Manufacturing Company to expand its portfolio [1] - The transaction is subject to customary closing conditions, which is standard practice in mergers and acquisitions [1] - The expected closing date for the transaction is May 31, 2025, suggesting a timeline for integration and operational planning post-acquisition [1]