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acquisitionAnnounced · Jan 29, 2026AutomotiveSource · CredibleArticle · Factual
Gentherm acquires Performance Technologies
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$760M
Target
Performance Technologies
NYSE:MOD
Acquirer
Gentherm
Full Acquisition
Status
Pending
Gentherm agreed to acquire Performance Technologies. Reported deal value: $760M. Status: Pending. Sector: Automotive. Target headquarters context: Location not specified.
This page summarizes publicly available information about the transaction as of 2026-01-29. Figures and status may change as filings and press coverage update.
Gentherm Incorporated entered into a definitive agreement to acquire Performance Technologies business from Modine Manufacturing Company for approximately $760 million on January 29, 2026
Deal timeline
Announced
Jan 29, 2026 · marketscreener.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Automotive with a reported deal value of $760M. Figures and status may change as sources update.
Sources: marketscreener.com · Primary article · FireStrike proprietary index