Modine to acquire L.B. White for $112M

Modine has entered into a definitive agreement to acquire L.B. White, a provider of specialty heating solutions for agriculture, construction and special event industries, for an enterprise value of approximately $112 million. The transaction is expected to close on May 31, 2025.

“Acquiring L.B. White is another example of executing on our strategy to expand and further diversify our portfolio with complementary technology that will enable us to achieve our long-term growth objectives.”finviz.com

• 1 source
• finviz.comModine to Acquire L.B. White, Gaining Market-Leading Heating Technologies LineMay 30, 2025

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