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First Brands Sells Autolite and Other Brands for $25 Million

Primul articol: 27 mar. 2026, 18:33 | Ultima actualizare: 27 mar. 2026, 18:33 | 1 sursa | 1 articol
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First Brands has announced the sale of 12 of its brands, including the well-known Autolite brand, for a total of $25 million. The transaction details, including the buyer and specific brands involved beyond Autolite, have not been disclosed in the initial announcement. This sale could signal a strategic shift for First Brands, potentially focusing on core product lines or new market opportunities.

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First Brands to Sell 12 Brands Including Autolite for $25 Million Foto: Bloomberg
Bloomberg English Steven Church 27 mar. 2026, 18:33 (acum 2 ore)

First Brands to Sell 12 Brands Including Autolite for $25 Million

Bankrupt auto-parts maker First Brands Group agreed to sell some of its most-recognizable brands for $25 million after losing rescue funding and major customers.

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