Modine Manufacturing Company (NYSE:MOD) is looking for acquisitions. Neil Brinker, President and Chief Executive Officer said, "In many cases, we are recommitting our focus on operational excellence adding additional resources for lean manufacturing and supply chain to improve productivity, quality and cost realization. Coupled with the success of our commercial team, this approach enhanced by 80/20 will help to support our ongoing progress towards our goals.

Overall, on the M&A front, we feel very good about the pipeline of opportunities available to us. We are not focusing on large transformational deals, but instead are looking for bolt-on acquisitions that bring complementary products and technologies to our key growth verticals. Our recent acquisitions of Napps Technology and the IP and select assets of TMGcore are perfect examples of this approach.

We benefit from a very strong balance sheet, which will help support our inorganic growth targets as we remain vigilant in our search for attractive opportunities that fit our focus areas".