Premium Guard signs deal for First Brands IP

Premium Guard signs deal for First Brands IP

Premium Guard Inc. announced it has agreed to acquire key intellectual property and related assets from First Brands Group, a move the filter manufacturer says will strengthen its product development capabilities while reinforcing its focus on private label programs. PGI said the transaction is subject to bankruptcy court approval and other customary closing conditions and is expected to close in early April. According to the company, the agreem…

First Brands to sell intellectual property in bankruptcy proceedings

Premium Guard Inc.'s acquisition supports its expansion into additional maintenance categories, including ignition and spark plugs.