Announced
Completed
Synopsis
Modine, a provider of thermal management technology and solutions, completed the acquisition of CDI, a Minnesota-based manufacturer specializing in desiccant dehumidification technology and critical process air handlers. Financial terms were not disclosed. "Acquiring CDI advances our strategy to grow our Commercial IAQ business with fit-for-purpose solutions. CDI brings deep expertise in desiccant-based dehumidification and a strong reputation for engineering excellence," Neil D. Brinker, Modine President and CEO.
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