Premium Guard Inc. Acquires Global Aftermarket Filters Business from Tenneco
Premium Guard Inc. (PGI), a manufacturer of automotive aftermarket filters, has purchased Tenneco’s global aftermarket filters business in Mexico. The announcement was made by Anan Bishara, CEO and president of PGI, who noted that the acquisition, which was finalized on Oct. 31, 2020, includes Tenneco’s manufacturing facility in Tultitlan, Mexico, operations, the Interfil and Engine Clean brands and filter inventories.
“We are very excited about the purchase of Interfil from DRiV,” Bishara noted. “This is an important acquisition for the future growth of PGI on an international scale and a vital part of our expansion into Mexico, Central, and South America. PGI has already established a robust and diversified global supply chain. Our resources and capabilities in Mexico will become a key part of our supply chain, which will allow us to cut the lead time and hedge against further escalation in the trade war with China.”
Interfil is a 40-year-old company and considered to be the 2nd largest filter manufacturer and supplier in Mexico, PGI says. In 2016, Federal-Mogul Motorparts acquired Interfil, prior to Tenneco’s acquisition of Federal-Mogul LLC. Besides Interfil-branded products, Interfil is a supplier of private label filters for the aftermarket and OES/OEM sectors.
Premium Guard plans significant investment at the Tultitlan facility to fulfill customer requirements and volume and will remain a strategic supplier for Tenneco’s Champion brand. The company expects a smooth transition of ownership with no changes to staff or management at this time.
Bryon Osterland, Group vice president & general manager, Motorparts Product Management & Engineering, noted, “As a leader in the filters industry, this business represents an excellent strategic fit for PGI to expand its filters manufacturing and distribution footprint.”