Active Dynamics to Acquire Walbro Business from First Brands for $50 Million
First Brands, a bankrupt U.S. auto parts manufacturer, has reached an agreement to sell its Walbro business line to Canada-based Active Dynamics Group for $50 million. The transaction, which includes the Carter Carburetor brand, is part of First Brands' broader effort to monetize assets to support its bankruptcy process and address fraud claims. Th…