Source: First Brands Group announcement
CLEVELAND, Ohio – First Brands Group, LLC (formerly TRICO Group), a global auto-parts producer, today announced the acquisition of Brake Parts Inc. (BPI), which includes the Raybestos® line of brake parts, and Champion Laboratories Inc., a filtration manufacturer.
“We are excited to add Raybestos and (Champion’s) Luberfiner comprehensive product lines to our market-leading portfolio of aftermarket brands,” said Guy Andrysick, Chief Marketing Officer at First Brands Group. “Both Raybestos® and LuberFiner® are important and natural complements to our current vehicle maintenance and vehicle repair product solutions. We have strengthened our supplier position to support all customers with one of the most comprehensive portfolios of replacement products in the North American automotive aftermarket.”
Leadership Spotlight: Q&A with David Overbeeke, BPI
The acquisitions are effective immediately.
About First Brands Group, LLC:
First Brands Group, LLC (formerly TRICO Group) is a global automotive parts manufacturer that serves the worldwide automotive aftermarket industry with best-in-class technology and engineering capabilities. Its portfolio includes Raybestos® complete brake solutions, LuberFiner® filtration products, FRAM® filtration products, TRICO® wiper blades, Carter® fuel and water pumps, ANCO® wiper blades, StrongArm® lift supports, and Autolite® spark plugs. First Brands Group is a world-class automotive parts manufacturing delivering high customer service and growth.