# Modine to acquire Luvata Heat Transfer Solutions for $422M

Modine Manufacturing Company has entered into a definitive agreement to acquire Luvata Heat Transfer Solutions (HTS) for approximately $422 million. The transaction is expected to close within calendar year 2016.

- Type: Acquisition
- Announced: 2018-12-03
- Value: $422.0M
- Status: announced
- Products: HVAC&R coils and coatings, heat exchanger coils, commercial refrigeration and industrial coolers, anti-corrosion coating solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Modine Manufacturing Company](https://endata.com/companies/2921.md) (acquirer)
- [Luvata Heat Transfer Solutions](https://endata.com/companies/20281.md) (target)

## Sources

- [refindustry.com](https://refindustry.com/news/modine-announces-agreement-to-acquire-luvata-heat-transfer-solutions/), 2018-12-03: "We are excited to announce that we have taken the next step in our transformational Strengthen, Diversify and Grow corporate strategy through the upcoming addition of Luvata HTS."

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