Premium Guard Inc. (PGI), a leading filter manufacturer and supplier, announced it has signed an agreement to acquire key intellectual property and related assets from First Brands Group. The transaction is subject to bankruptcy court approval, among other closing conditions, and is expected to close in early April.

This agreement represents an important step in strengthening PGI’s product offering and development capabilities, while maintaining its core focus as a leading supplier of private label programs.

Over the past three decades, PGI has built a robust global supply chain, an expansive distribution network, and strong capabilities in product management, engineering, and category management. The addition of these intellectual property assets enhances PGI’s ability to further develop its product offering, accelerate innovation, and support customers across multiple segments and geographies.

Meaningful step
“This is a meaningful step forward for PGI,” said Anan Bishara, Founder and CEO of PGI. “The know-how, patents, and engineering capabilities we are acquiring, particularly in wiper blades, spark plugs, and diesel filtration, significantly strengthen our platform, enabling us to continue developing advanced, reliable, and complete solutions across multiple tiers. This will allow us to better support our customers with differentiated products in highly competitive categories, while accelerating innovation and speed to market.”

The addition of internationally recognized brands provides PGI with an enhanced foundation to expand its presence in global markets. This not only supports the company’s long-term strategy to grow beyond North America but also enables PGI to better support and service its customers as they expand their own businesses globally. By leveraging its global supply chain and distribution capabilities, PGI will be well positioned to align with customers’ international growth strategies.

PGI emphasized that this transaction does not change its core business model or its commitment to customers. The company will continue to focus on supporting its partners with best-in-class private label programs, category management, and supply chain excellence. This investment strengthens PGI’s ability to deliver high quality products, expanded coverage, and advanced technology, while remaining fully aligned with its customers’ brands and growth strategies.