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Gentherm to Merge With Modine Performance Tech in Tax-Free Reverse Morris Trust, Targets $25M Synergies
Yahoo Finance· 2026-01-31 08:22
Presley said Gentherm has been working to develop commercial vehicle and heavy-duty equipment channels organically, and that the transaction provides established commercial channels that could accelerate cross-selling of Gentherm’s existing products into a broader customer base. He also pointed to power generation as a key growth market, citing demand for reliable energy for mission-critical operations such as data centers and increased need for backup power amid aging and unstable grid infrastructure.Chief ...