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Modine Acquires Climate by Design International

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Modine Acquires Climate by Design International

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Modine ( (MOD) ) has provided an announcement.

Modine Manufacturing Company recently acquired Climate by Design International (CDI), a leading designer and manufacturer of desiccant-based dehumidification equipment. This acquisition, completed on July 1, 2025, is part of Modine’s strategic initiative to enhance its product offerings and market reach. The acquisition is expected to be accretive to earnings per share and aligns with Modine’s goal to expand its comprehensive commercial indoor air quality portfolio. The company has also restructured its product groups within its Performance Technologies and Climate Solutions segments, although this will not affect financial reporting.

The most recent analyst rating on (MOD) stock is a Buy with a $125.00 price target. To see the full list of analyst forecasts on Modine stock, see the MOD Stock Forecast page.

Spark’s Take on MOD Stock

According to Spark, TipRanks’ AI Analyst, MOD is a Outperform.

Modine’s overall stock score reflects strong financial performance and positive earnings call outcomes, offset by a high valuation and technical indicators suggesting caution. The merger with LBW Holding Corp. adds strategic value, enhancing growth prospects.

To see Spark’s full report on MOD stock, click here.

More about Modine

Modine Manufacturing Company operates in the climate solutions and performance technologies industry, focusing on products such as desiccant-based dehumidification and critical process air handling equipment. The company targets markets with significant growth potential, including ice arenas, food processing, and battery cell manufacturing.

Average Trading Volume: 1,014,372

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.31B

Learn more about MOD stock on TipRanks’ Stock Analysis page.

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