Mergers & Acquisitions ·
Gentherm shareholders approved key proposals at a Special Meeting held on September 10, 2026, clearing the final…
THRMGentherm Inc
Gentherm shareholders approved key proposals at a Special Meeting held on September 10, 2026, clearing the final corporate governance hurdles for its Reverse Morris Trust combination with Modine Manufacturing Company’s Performance Technologies business. Approximately 94.8% of outstanding shares voted in favor, with 99% of votes cast supporting the share issuance proposal and 94% supporting the charter amendment to increase authorized common stock. The transaction is expected to close on October 1, 2026, subject to customary closing conditions. Gentherm operates in the automotive and medical sectors, providing thermal management and pneumatic comfort technologies.