Modine Manufacturing

Modine Manufacturing Company specializes in engineered heat transfer systems and components, primarily serving on- and off-highway original equipment manufacturers (OEMs) across various sectors. With a diverse product lineup, the company provides powertrain cooling solutions, including engine cooling assemblies, radiators, condensers, and charge air coolers, as well as auxiliary cooling products like power steering and transmission oil coolers. Modine operates through several segments, including Vehicular Thermal Solutions, Commercial and Industrial Solutions, and Building HVAC Systems. Its offerings extend to heat exchangers, microchannel coils, unit heaters, and precision air conditioning units for data centers. The company caters to a wide range of industries, including automotive, truck, agricultural, industrial, and construction equipment, as well as HVAC manufacturers and contractors. Established in 1916 and headquartered in Racine, Wisconsin, Modine has a global presence, operating in North America, South America, Europe, the Asia-Pacific, the Middle East, and Africa.

Neil Brinker

President, CEO and Board Member

9 past transactions

AbsolutAire

Acquisition in 2025
AbsolutAire is a manufacturer of heating, ventilating, and make-up air equipment for industrial, commercial, and food service applications.

Scott Springfield Mfg.

Acquisition in 2024
Scott Springfield Mfg. is a manufacturer based in Calgary, Alberta, specializing in custom air handling units. The company provides a range of products, including air handlers, electric heaters, humidifiers, heat pipes, and factory-installed sensors. Additionally, they offer single-point panels, variable frequency drives, conduit runs, gas phase filtration, and electronic filtration systems. By employing the latest technologies, Scott Springfield Mfg. is committed to designing and producing high-quality air handling solutions tailored to meet specific customer needs.

Napps Technology

Acquisition in 2023
Napps Technology is a manufacturing company that focuses on producing air-water-cooled chillers, condensing units, and heat pumps. The company specializes in water-cooled condensing units designed for control rooms, as well as a range of engineered equipment, including water-cooled and compressor chillers. Napps Technology aims to provide efficient, reliable, and serviceable cooling solutions that are also cost-effective for its users.

Luvata -Heat Transfer Solutions

Acquisition in 2016
Luvata's offering to the HVAC&R markets is among the broadest in the world - this is the result of many decades of growth, development and acquisition. For simplicity, it can be broken down into four major areas: Indoor climate solutions Indoor comfort for people and equipment, in both private and public environments Mobile climate solutions Comfort for people in private, commercial and industrial vehicles. Food storage and transport-refrigeration solutions Keeping food at the right temperature from preparation, to tranportation, to storage and supermarket shelving. Industrial processes solutions Cooling and heating for specialised industrial applications in both the process and power sectors. Affecting almost every aspect of modern life Luvata's Heat Transfer Solutions division serves a huge range of markets. Watch the video to see how we keep people, places and processes cool.

Barkell

Acquisition in 2014
Barkell Ltd specializes in providing precision solutions for organizations in both the private and public sectors, focusing on custom air conditioning machinery and equipment. The company is dedicated to enhancing energy efficiency, reliability, and operational performance through its innovative products. Barkell manufactures a range of equipment, including custom air conditioning units, data center fan walls, building management systems, and air handling units (AHUs). These products are designed for diverse applications, serving critical environments such as hospitals, leisure centers, and swimming pools, as well as various commercial settings.

Geofinity Manufacturing

Acquisition in 2012
Geofinity Manufacturing Inc. specializes in the research, development, production, sale, and installation of geothermal and water source heat pump systems for residential, commercial, and institutional uses. The company offers a range of products, including reversible water-to-water units that provide both heated and chilled water, as well as accessories and heating and cooling solutions tailored for various applications. Their systems support functions such as floor heating, domestic hot water supply, snow and ice melting, and pool heating. Geofinity markets its innovative GeoExchange products through a network of distributors across Canada and the United States. With a decade of research and development and extensive commercial experience, Geofinity is recognized as a leader in the GeoExchange market, committed to delivering comfort and affordability to its customers. Based in Surrey, Canada, Geofinity Manufacturing operates as a subsidiary of Modine Manufacturing Company.

Radiadores Visconde

Acquisition in 2006
Radiadores Visconde is a manufacturer based in Guarulhos, Brazil, specializing in thermal management solutions for various sectors, including automotive, trucking, agriculture, construction equipment, and industrial applications. The company produces a diverse range of modules and heat exchangers tailored for original equipment manufacturers (OEMs), including radiators, charge air coolers, and oil coolers. Additionally, Radiadores Visconde serves the automotive aftermarket, providing products for both national and imported vehicles, and distributes its offerings throughout Brazil and for export.

Airedale International Air Conditioning

Acquisition in 2005
Airedale International Air Conditioning Limited, headquartered in the UK, specialises in designing and manufacturing high-efficiency air conditioning products. Their offerings include remote condenser chillers, catering to diverse customer needs with a focus on product quality and reliability.

Thermacore International

Acquisition in 2001
Thermacore, Inc. is involved in the design, development, and manufacturing of thermal management systems and components tailored for original equipment manufacturer (OEM) applications across diverse global markets. Founded in 1970 and headquartered in Lancaster, Pennsylvania, the company offers a range of products, including heat spreaders, thermal straps, heat shields, and various cooling solutions such as air-cooled heat sinks and heat pipe assemblies. Its products are utilized in numerous sectors, including military, aerospace, communications, renewable energy, medical, and automotive, among others. Thermacore also provides engineering services encompassing design and prototyping, as well as materials technologies that include metal processing and fabrication. The company operates facilities in multiple locations, including Pennsylvania, New York, and the United Kingdom, and functions as a subsidiary of Aavid Thermalloy, LLC.
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