Modine Manufacturing To Acquire Geofinity Manufacturing

Modine Mfg. Q4 13 Earnings Conference Call At 9:00 AM ET

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5/31/2012 6:52 PM ET

Modine Manufacturing Co. (MOD: Quote) Thursday signed a definitive asset purchase agreement to acquire privately-held Geofinity Manufacturing.

This acquisition will provide Modine with a full line of innovative geothermal heat pumps in both water-to-water and water-to-air models. The deal is expected to close by mid-summer and the terms were not disclosed.

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