M&A Deal Summary

First Brands Acquires Centric Parts

On December 2, 2020, First Brands acquired automotive company Centric Parts

Acquisition Highlights
  • This is First Brands’ 2nd transaction in the Automotive sector.
  • This is First Brands’ 2nd transaction in the United States.
  • This is First Brands’ 1st transaction in California.

M&A Deal Summary

Date 2020-12-02
Target Centric Parts
Sector Automotive
Buyer(s) First Brands
Deal Type Add-on Acquisition

Target

Centric Parts

City of Industry, California, United States
Centric Parts is a manufacturer and supplier of replacement brake components for passenger vehicles, light and medium duty trucks, fleet vehicles, high performance vehicles, and race cars. Centric Parts is based in City of Industry, California.

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Buyer(S) 1

Buyer

First Brands

Rochester, Michigan, United States

Category Company
Sector Automotive
DESCRIPTION

First Brands is a global automotive parts company that develops, markets, and sells premium products through a portfolio of market-leading brands including: Raybestos complete brake solutions, Centric Parts replacement brake components, FRAM filtration products, Luber-finer® filtration products, TRICO wiper blades, ANCO wiper blades, Carter fuel and water pumps, Autolite spark plugs, StrongArm lift supports, and StopTech performance brakes. First Brands is based in Rochester, Michigan.


DEAL STATS #
Overall 2 of 7
Sector: Automotive M&A 2 of 6
Type: Add-on Acquisition M&A Deals 2 of 7
State: California M&A 1 of 1
Country: United States M&A 2 of 7
Year: 2020 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-31 Brake Parts

McHenry, Illinois, United States

Brake Parts (BPI) is a global brake system products manufacturer and supplier to the transportation industry. The BPI brake product offering includes brake pads, shoes, rotors, drums, calipers, hydraulic parts and wheel hubs. The Raybestos brand of brakes has over a 100 year heritage and are used by premier NASCAR motorsports teams such as Joe Gibbs Racing and Roush Fenway Racing. Brake Parts was founded in 1988 and is based in McHenry, Illinois.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-17 PetroClear

Albion, Illinois, United States

PetroClear provides fuel-dispenser filters and filtration accessories for dispensing petroleum, ethanol, methanol and biodiesel blends at retail and commercial fuel sites. The PetroClear line of filters includes high-flow, extended life, phase separation and more. PetroClear is based in Albion, Illinois.

Buy -