Motorcar Parts of America announced its acquisition of the intellectual and digital property associated with the Centric Parts brake brands from First Brands Group.
The deal followed First Brands Group’s September 2025 filing for Chapter 11 bankruptcy. In the new announcement, Motorcar Parts of America said a court-supervised sales process managed the transaction. It cited Section 363 of the U.S. Bankruptcy Code.
“The transaction was structured without assuming operational liabilities and certain assets were transferred free-and-clear from all liens, claims and encumbrances,” according to the announcement.
Motorcar Parts of America is a remanufacturer, manufacturer and distributor of automotive aftermarket parts. Centric Parts’ brake business had estimated gross sales as high as $400 million at the supplier level based on industry reports, the announcement said.
The companies did not disclose additional terms of the deal.
About the Motor Parts of America acquisition of Centric Parts
“This purchase complements the company’s expansion of brake-related product coverage and commitment to the braking category, particularly within the professional installer and performance segments,” said Selwyn Joffe, chairman, president and chief executive officer of Motorcar Parts of America.
The acquisition includes at least five “key brands,” Motor Parts of America said. Those brands are:
- Centric Parts
- Posi Quiet
- StopTech
- C-TEK
- GCX
In addition, the acquisition includes associated catalogs, engineering and proprietary technical information, according to the announcement.
“Our reputation as a high-quality supplier of non-discretionary aftermarket parts, coupled with capacity to meet increasing customer demand, distinguishes our company,” Joffe said. “Equally important, our customers will continue to benefit and be supported by an industry-leading team and exceptional value-added service.”
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