Gentherm (THRM) news
Recent news
Gentherm closes Modine Performance Technologies deal
Gentherm Inc. has completed its acquisition of Modine Manufacturing Company’s Performance Technologies segment, marking a strategic expansion in the automotive thermal management sector. The transaction, which was previously announced, has now been finalized, with Gentherm gaining control of the…
AInvest Wire · Oct 1, 2026Gentherm Incorporated - Declares special cash dividend estimated at $58.35 mln or $1.90 per share
Gentherm Incorporated (THRM) has announced a special cash dividend of approximately $58.35 million, or $1.90 per share, to its shareholders. This payout reflects the company’s strong financial position and its commitment to returning value to investors. The dividend is expected to be distributed in…
AInvest Wire · Sep 17, 2026Gentherm Incorporated - Declares special cash dividend conditioned on deal closing
Gentherm Incorporated has announced a special cash dividend, contingent upon the successful closing of an ongoing business transaction. The company disclosed in a recent SEC filing that dividend will be distributed to shareholders once the deal is finalized. While the exact amount of the dividend…
AInvest Wire · Sep 17, 2026Modine to become Modexus Solutions
Modine, a global leader in thermal management technology, announced plans to rebrand as Modexus Solutions following the spinoff of its Performance Technologies business and a merger with Gentherm. The name change, subject to shareholder approval, will reflect the company’s expanded focus on…
AInvest Wire · Sep 10, 2026Gentherm shareholders approve Modine unit combination
Gentherm Inc. announced that shareholders have approved the combination of its business with Modine's Performance Technologies unit, marking a significant step in the company's strategic evolution. The approval follows a shareholder vote, reflecting confidence in the combined entity's potential to…
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