×

Samsung in talks to buy data center cooling firm Modine, Bloomberg News reports

By Thomson Reuters Nov 12, 2026 | 6:12 PM

Nov 12 (Reuters) – Samsung Electronics is in ​talks ‌to acquire Modine Manufacturing, a US-listed maker ‌of ​cooling ⁠systems for ⁠data centers, Bloomberg News reported on Thursday, ​citing people familiar ⁠with ⁠the matter.

The ​companies are discussing ​a potential deal ‌that could come together as ⁠soon as the coming weeks, the ⁠report ‌added.

Reuters could ⁠not ​immediately ‌verify the ​report.

(Reporting by ⁠Fabiola Arámburo in Mexico City; Editing by Rashmi ​Aich)