Modine to Acquire L B White for USD 112 Million to Expand HVAC Offerings
- brg_news_room
- Jun 1
- 1 min read
US: Modine Manufacturing Co. has announced the acquisition of L B White in a deal valued at approximately USD 112 million. L B White, based in Wisconsin, is a manufacturer of direct-fired, radiant, and electric heating systems, with a strong presence in North America's swine and poultry sectors and additional operations in Georgia. L B White is expected to generate USD 73.5 million in revenue for fiscal 2025. "The acquisition is projected to be immediately accretive to earnings, with additional upside from operational synergies and Modine's 80/20 operating model."
Source: Benzinga
