Home Industries Manufacturing Modine will acquire Michigan-based manufacturer of heating and cooling products

Modine will acquire Michigan-based manufacturer of heating and cooling products

By
Ashley Smart
-
Modine headquarters in Racine
Modine headquarters in Racine.

Racine-based Modine, a manufacturer of thermal management products, has entered into a definitive agreement to acquire Kalamazoo, Michigan-based AbsolutAire. AbsolutAire is a manufacturer of direct-fired heating, ventilation and make-up air systems. Terms of the transaction, which is expected to close on April 1, were not disclosed. “Acquiring AbsolutAire is in line with our strategy to

Already a subscriber? Log in

To continue reading this article ...

Subscribe to BizTimes today and get immediate access to our Insider-only content and much more.

Learn More and Subscribe Now
  • Critical Milwaukee and Southeastern Wisconsin business news and analysis updated daily.
  • 16 issues per year delivered in print or digitally
  • Unlimited access to all insider only content on our website, on any device.
  • Free email alerts.
  • Extra bonus issues (STUFF and Giving Guide)
  • Discounted in-person event registration

Click here to purchase a sharable paywall bypass link for this subscriber-only article.

Ashley Smart
Ashley covers startups, technology and manufacturing for BizTimes. She was previously the managing editor of the News Graphic and Washington County Daily News. In past reporting roles, covering education at The Waukesha Freeman, she received several WNA awards. She is a UWM graduate. In her free time, Ashley enjoys watching independent films, tackling a new recipe in the kitchen and reading a good book.
Linkedin Mail Twitter

RELATED ARTICLES

Copyright ©2025 BizTimes Media, LLC. All Rights Reserved.
Racine-based Modine, a manufacturer of thermal management products, has entered into a definitive agreement to acquire Kalamazoo, Michigan-based AbsolutAire. AbsolutAire is a manufacturer of direct-fired heating, ventilation and make-up air systems. Terms of the transaction, which is expected to close on April 1, were not disclosed. "Acquiring AbsolutAire is in line with our strategy to expand our technology portfolio with differentiated solutions to capture opportunities in markets with strong tailwinds," said Neil Brinker, president and chief executive officer of Modine. "Through this acquisition, we gain another top-tier HVAC offering to serve customers demanding fit-for-purpose and sustainable air management systems." AbsolutAire recorded revenue of approximately $25 million in 2024. Acquiring the company will allow Modine to broaden its air quality solutions portfolio. The acquisition, which will be integrated into Modine's Heating & Schools IAQ product group within the Climate Solutions segment, also gives Modine access to a broader customer base in commercial, industrial, food service, and warehousing applications.

Holiday flash sale!

Limited time offer. New subscribers only.

Subscribe to BizTimes Milwaukee and save 40%

Holiday flash sale! Subscribe to BizTimes and save 40%!

Limited time offer. New subscribers only.

Exit mobile version