First Brands Group, LLC, a leading global supplier of aftermarket automotive parts, has announced the launch of a sale process to market and sell its business, as a whole or in parts, to maximize stakeholder value. The company has been in the news over the past...
First Brands Group has moved to strengthen its leadership bench, appointing three seasoned aftermarket executives as Senior Advisors. The addition of Craig Barnes, Michael Broderick, and Tim Turvey signals the company’s intention to tighten execution, reinforce...
First Brands Group, LLC., a leading global supplier of aftermarket automotive parts, announced that Charles Moore has been appointed Interim Chief Executive Officer, succeeding Founder and Chief Executive Officer Patrick James, who has resigned from the Company. Moore...
First Brands Group, LLC, a leading global supplier of aftermarket automotive parts, announced that the company has received approvals from the United States Bankruptcy Court for the Southern District of Texas for its “First Day” motions related to the company’s...
Secures $1.1 billion in debtor-in-possession financing from first lien lenders to enable continued operations Chapter 11 cases pertain solely to U.S. operations; International operations continue in the ordinary course Company to continue delivering best-in-class...
First Brands Group LLC, owner of aftermarket brands including Raybestos, FRAM, TRICO, and Cardone, has filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. The company said the filing, on September 29, is intended to...
First Brands Group's portfolio of brands underscores the magnitude of the uncertainty now facing the aftermarket businesses that depend on its supply. In an update on Monday, September 29, the parts maker officially filed for Chapter 11 bankruptcy protection “to...
Lumileds, LLC, one of the world’s leading LED manufacturers and solution providers for the global automotive, illumination, display, and flash markets announces that last month, it completed the sale of its Lamps and Accessories business to First Brands Group, LLC, a...
Lumileds, LLC, and First Brands Group, LLC have entered into an agreement for First Brands to acquire the Lamps and Accessories business of Lumileds for $238M USD. Under First Brands, the Lamps and Accessories business will continue to expand its global offerings and...