Jefferies Financial Group has announced that First Brands Group and its affiliates have filed for Chapter 11 bankruptcy protection, a significant move for this key player in the aftermarket auto parts sector. This development will impact major auto-parts retailers and raises important questions about the future of supply chains in the automotive industry.
NEW YORK–(BUSINESS WIRE)–In response to inquiries, Jefferies Financial Group, Inc. (NYSE: JEF) (“Jefferies”) announced today: On September 29, 2025, First Brands Group, LLC and certain of its affiliates (“First Brands”) filed voluntary petitions for Chapter 11 bankruptcy protection. First Brands is an aftermarket auto parts manufacturer that sells its products to major auto-parts retailers (the “Obligors”). Point Bonita Capital, a division of Leucadia Asset Management (“LAM”), manages on beha
Source: Original Press Release
