# Modine completes acquisition of Luvata coil business, merges into new division

Modine completed its $418 million acquisition of the Luvata Heat Transfer Solutions business and merged it with Modine Coils to form the new Modine Commercial and Industrial Solutions division.

- Type: Acquisition
- Announced: 2016-12-02
- Where: United States
- Value: $418.0M
- Status: completed
- Products: heat transfer coils, commercial and industrial HVAC solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Modine](https://endata.com/companies/11606.md) (acquirer)
- [Luvata Heat Transfer Solutions](https://endata.com/companies/20281.md) (target)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/luvata-hts-merged-into-modine-coil-division/), 2016-12-02: "The Luvata Heat Transfer Solutions business is to be amalgamated with Modine Coils into a new Modine Commercial and Industrial Solutions division."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.