Key facts
- Bloomberg News reported on November 12, 2026 that Samsung Electronics is in talks to acquire Modine Manufacturing.
- The people familiar with the matter were not named because the information is confidential.
- No price or other deal terms were reported, and Reuters said it could not immediately verify the report.
Samsung Electronics is in talks to acquire Modine Manufacturing, a US-listed maker of cooling systems for data centers, Bloomberg News reported on November 12, 2026, citing people familiar with the matter. Reuters, which relayed the report, said it could not immediately verify it.
The companies are discussing a potential deal that could come together within weeks, according to the report. No price or other terms were reported.