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M&A Deal Summary

Premium Guard Acquires Tenneco - Global Aftermarket Filters Business

On November 2, 2020, Premium Guard acquired automotive company Tenneco - Global Aftermarket Filters Business from Tenneco

Acquisition Highlights
  • This is Premium Guard’s 1st transaction in the Automotive sector.
  • This is Premium Guard’s 1st transaction in the United States.
  • This is Premium Guard’s 1st transaction in Illinois.

M&A Deal Summary
Date 2020-11-02
Target Tenneco - Global Aftermarket Filters Business
Sector Automotive
Buyer(s) Premium Guard
Sellers(s) Tenneco
Deal Type Divestiture

Target

Tenneco - Global Aftermarket Filters Business

Lake Forest, Illinois, United States
Tenneco, Inc.'s Global Aftermarket Filters Business manufactures automotive products at facility in Tultitlan, Mexico, operations, the Interfil® and Engine Clean brands, and filter inventories.

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Buyer(S) 1

Buyer

Premium Guard

New York City, New York, United States
Category Company
Sector Automotive
DESCRIPTION

Premium Guard designs, manufactures, and distributes products for automotive, diesel, powersport, and specialty filter markets. Premium Guard also offers a platform for a turnkey private label solution, including product and packaging design, engineering, quality control, supply chain management, distribution, logistics, marketing, and professional field support. Premium Guard is based in New York City.

DEAL STATS #
Overall 1 of 2
Sector: Automotive M&A 1 of 2
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-29 Precise Fuel Delivery Systems

New York, New York, United States

Precise Fuel Delivery Systems provides fuel delivery and storage products.

Sell -

Seller(S) 1

SELLER

Tenneco

Northville, Michigan, United States
Category Company
Founded 1996
Sector Automotive
Employees73,000
Revenue 15.4B USD (2020)
DESCRIPTION
Entrance to Tenneco's corporate headquarters in Lake Forest, Illinois.
Entrance to Tenneco's corporate headquarters in Lake Forest, Illinois.

Tenneco is a designer, manufacturer and marketer of clean air and ride performance products and systems for the automotive and commercial vehicle original equipment markets. Tenneco was founded in 1996 and is based in Northville, Michigan.

DEAL STATS #
Overall 2 of 3
Sector: Automotive M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
State: Illinois M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-15 Öhlins

Upplands Vasby, Sweden

Öhlins is a technology company that develops premium suspension systems and components for the automotive and motorsport industries. Öhlins is based in Upplands Vasby, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-11 Öhlins

Upplands Vasby, Sweden

Öhlins is a technology company that develops premium suspension systems and components for the automotive and motorsport industries. Öhlins is based in Upplands Vasby, Sweden.

Sell -
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