First Brands Group, a global automotive parts manufacturer, has acquired Brake Parts Inc (BPI), which manufactures and markets brake products including the full line of Raybestos branded brake parts, and Champion Laboratories Inc., a full-line filtration manufacturer with LuberFiner as a leading brand.
“We are excited to add Raybestos and 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.”
The acquisitions are effective immediately.
The former TRICO Group made a number of significant acquisitions in the past year, including buying the performance pump business from UCI in January 2019, as well as acquiring the Fram and Autolite brands from Rank Group on March 1. The company also acquired some of Spectra Premium’s inventory on March 26.