Brinker said the transaction values Performance Technologies at approximately $1 billion , which he described as 6.8 times trailing twelve-month Adjusted EBITDA as of September 30, 2025. At closing, Modine is expected to receive $210 million in cash (subject to adjustments), and Modine shareholders are expected to receive approximately $790 million of Gentherm stock . Under the proposed terms, Modine shareholders would own 40% of the combined Gentherm/PT company and 100% of Modine’s remaining operations.Pre ...