MOD · Modine Manufacturing Co
AI read · Neutral
The AI's read
The trademark transfer gives SpinCo ownership, but Modine can still use the name for certain products without paying royalties. Its HVAC&R name license is exclusive for 4 years, then non-exclusive. Its heat-transfer license is non-exclusive. Shared services and tax and staff rules help manage the handoff, but the filing gives no figures for sales, profit, or costs.