# 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.

- Type: Acquisition
- Announced: 2025-05-30
- Where: Onalaska, Wisconsin, United States
- Value: $112.0M
- Status: announced
- Products: direct-fired forced air heaters, radiant heaters, indirect-fired heaters, electric heating solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Modine](https://endata.com/companies/11606.md) (acquirer)
- [L.B. White](https://endata.com/companies/85056.md) (target)

## Sources

- [finviz.com](https://finviz.com/news/70116/modine-to-acquire-lb-white-gaining-market-leading-heating-technologies-line), 2025-05-30: "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."

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