Modine Acquires Climate by Design International
July 1, 2025
Modine (NYSE: MOD) has acquired Climate by Design International (CDI), a Minnesota-based manufacturer of desiccant dehumidifiers and critical process air handlers. The acquisition expands Modine's Commercial IAQ capabilities, adding desiccant-based humidity control technology and additional U.S. manufacturing capacity to serve end markets such as pharmaceuticals, food processing, cold storage, and battery manufacturing.
- Buyers
- Modine
- Targets
- Climate by Design International
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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