Modine Plans To Change Name To Modexus Solutions Following Spinoff Of Performance Technologies Operations, Merger With Gentherm

Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced that it will become Modexus Solutions after completing the spinoff of its Performance Technologies business and merger with Gentherm. Under applicable law, the name change will be subject to approval by Modine's shareholders. Once effective, Modexus Solutions will trade on the New York Stock Exchange under Modine's current ticker symbol, "MOD."