Modine has announced that it has reached a tentative agreement to acquire the remaining 50% of Radiadores Visconde that it does not already own.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Radiadores Visconde generated approximately $US80m in revenues in its fiscal year ended 31 December, 2005.
In a statement, president and CEO David Rayburn said the move is part of the company’s goal to expand in lower cost countries.
