Gentherm Shareholders: Ownership Structure, Brands, and Acquisition History
Last updated: Sep-26Ownership Structure
Stakes approximate based on latest filings.
Ownership Analysis
Dispersed public shareholders own Gentherm, with Phil Eyler leading operations under independent chair Yvonne Hao.THRM supplies price discovery; Gentherm's directors still approve incentives, leverage, and transactions.2026 is Gentherm's latest control marker: Public owners evaluated the announced Modine transaction.
Direct Owners
Institutional Shareholders
Shareholder Analysis
Gentherm lists BlackRock at 16.8%, its highest disclosed institutional position.Gentherm lists The Vanguard Group next at 12.1%; its first-to-last disclosed spread is 11.9 points.Gentherm's four reported positions total 39.6%; that weight matters chiefly in shareholder votes.
Brands, Subsidiaries & Companies Owned
| Name | Type | Description |
|---|---|---|
| Gentherm | Master brand | Automotive thermal management |
| Alfmeier | Subsidiary platform | Fluid and pneumatic systems |
| ClimateSense | Technology brand | Personalized cabin comfort |
| Patient Temperature Management | Medical platform | Thermal care systems |
| Cincinnati Sub-Zero | Legacy medical brand | Temperature-management equipment |
Portfolio Analysis
The portfolio includes Gentherm, Alfmeier, ClimateSense, Patient Temperature Management and Cincinnati Sub-Zero.Alfmeier covers Fluid and pneumatic systems; its economics differ from Gentherm.ClimateSense adds Personalized cabin comfort; Gentherm reports it beside Gentherm and Alfmeier.
Market Share & Competitors
Bubble size reflects relative market share.
| Company | Market Share | Revenue | Key Strength |
|---|---|---|---|
| Gentherm ★ | N/A | $1.5B FY2025 | Automotive and medical thermal management |
| Lear | N/A | $24B FY2025 | Automotive seating and electronics |
| Adient | N/A | $15B FY2025 | Automotive seating systems |
| Modine Manufacturing | N/A | $3B FY2026 | Thermal management systems |
| BorgWarner | N/A | $14B FY2025 | Vehicle propulsion and thermal systems |
Competitive Analysis
Gentherm operates in Automotive and medical thermal management; its comparison revenue is $1.5B FY2025.Lear competes in Automotive seating and electronics; customers can compare it directly with Gentherm.Adient provides another benchmark in Automotive seating systems; Gentherm must defend its distinct capabilities.
Acquisitions
Bubble size reflects relative deal value.
| Company Acquired | Deal Value | Year | Description |
|---|---|---|---|
| Alfmeier | $189M | 2022 | Added lumbar massage and fluid systems |
| Etratech | $64M | 2017 | Expanded electronic controls |
| Cincinnati Sub-Zero | $65M | 2016 | Added medical temperature management |
| Innovative Medical Equipment | N/A | 2026 | Expanded medical thermal systems |
Acquisitions Analysis
Alfmeier entered Gentherm's record in 2022 at $189M; its rationale was added lumbar massage and fluid systems.Etratech followed in 2017 at $64M; Gentherm should report its contribution separately from Alfmeier.2026 is Gentherm's latest transaction marker: Innovative Medical Equipment joined and a Modine combination was announced.
Acquisition Timeline
Merger & Spin-off History
Merger & Spin-off Analysis
Gentherm evolved from automotive seat climate technology into broader thermal management through acquisitions.Alfmeier and Cincinnati Sub-Zero expanded automotive and medical capabilities.The announced Modine combination would be transformative, materially increasing scale and exposing owners to integration, leverage and industrial-cycle execution beyond the existing portfolio.
Ownership History
Ownership History Analysis
The defining arc is an automotive seat-comfort innovator that broadened into thermal management and medical systems through acquisitions.2016 records Gentherm's middle transition: Medical thermal management expanded.2026 closes Gentherm's current record: Public owners evaluated the announced Modine transaction.
Ownership Explained
Gentherm sits beneath Public Shareholders at 100%; Gentherm is its first listed operating identity.Gentherm covers Automotive thermal management; Gentherm manages that activity from Northville, Michigan, United States.Gentherm's fiscal 2025 revenue is $1.50 billion; its 2025 workforce totals 14,000.THRM identifies Gentherm on Nasdaq Global Select Market; underlying brands are not separately quoted.
Gentherm names Public Shareholders as its capital reference; their voting rights govern its board.Alfmeier links ownership decisions to Fluid and pneumatic systems.Gentherm reports $1.50 billion of revenue; that scale must finance its automotive thermal management and medical temperature systems operations.Gentherm employs 14,000 people; its portfolio choices affect that workforce.