Horizon Global - M&A Summary, Ownership, and Business Overview

AutomotiveCompany

Horizon Global M&A Summary

Horizon Global has acquired 6 companies of its own. A total of 3 acquisitions came from private equity firms. It has also divested 1 asset.

Horizon Global’s largest acquisition to date was in 2016, when it acquired Westfalia-Automotive for $100M. It’s largest disclosed sale occurred in 2019, when it sold Horizon Global - Asia-Pacific Business Segment to Pacific Equity Partners for $242M. Horizon Global has acquired in 2 different US states, and 4 countries. The Company’s most targeted sectors include automotive (80%) and consumer products (20%).

Horizon Global Ownership

Who owns Horizon Global?

Horizon Global is owned by First Brands Group. It was acquired on January 3, 2023.

Horizon Global Business Overview

Where is Horizon Global headquartered?

Horizon Global is headquartered in Plymouth, Michigan.

What is Horizon Global’s revenue?

Horizon Global disclosed revenue of 782M USD for 2021 and 661M USD for 2020.

What sector is Horizon Global in?

Horizon Global is an automotive company.

When was Horizon Global founded?

Horizon Global was founded in 2015.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity5
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 4
  • M&A Advisors 2

Horizon Global

Horizon Global Corp.

47912 Halyard Drive Suite 100,
Plymouth, Michigan 48170
United States,
(734) 656-3000
www.horizonglobal.com

Horizon Global is a designer, manufacturer and distributor of a wide variety of high-quality, custom-engineered towing, trailering, cargo management and other related accessory products on a global basis, serving the automotive aftermarket, retail and OE channels. Horizon Global was founded in 2015 is based in Plymouth, Michigan.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 5 - - - - - 5
vol $100M $100M
Sell (0.0/yr) # 1 - - - - - 1
vol $242M $242M
  6

Most Recent M&A

Company Date Value Type
Horizon Global - Asia-Pacific Business Segment 2019-08-16 242M AUD Divestiture
, United States
Westfalia-Automotive GmbH 2016-08-25 100M EUR Add-on Acquisition
Rheda-Wiedenbrück, Germany · www.westfalia-automotive.de
Terwa B.V. 2016-08-25 - Add-on Acquisition
Ijsselstein, Netherlands · www.terwa.com
Cequent Consumer Products, Inc. 2015-07-01 - Divestiture
Solon, Ohio · www.cequentconsumerproducts.com
Cequent Performance Products, Inc. 2015-07-01 - Divestiture
Plymouth, Michigan · www.fultonperformance.com
Witter Towbar Systems 2013-04-01 - Add-on Acquisition
Flintshire, United Kingdom · www.witter-towbars.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Cequent Consumer Products, Inc. 2015-07-01 Harper Brush Works, Inc. 2017-11-06 1
Solon, Ohio · www.cequentconsumerproducts.com Fairfield, Iowa · www.harperbrush.com

M&A by Sector

Sector Buy # Value Sell # Value
Automotive 4 (80%) 100M (100%) 1 (100%) 242M (100%)
Consumer Products 1 (20%) - - -
Total 5 $100M 1 $242M

By Geo

State/Country Buy Value Sell Value
United States 2 - 1 242M
  Ohio 1 - - -
  Michigan 1 - - -
Germany 1 100M - -
Netherlands 1 - - -
United Kingdom 1 - - -
Domestic 2 (40%) - 1 (100%) 242M (100%)
Cross-border 3 (60%) 100M (100%) - -
Total 5 $100M 1 $242M

Top M&A Advisors

Financial Deals
Wells Fargo Securities
2
Jefferies
1

Deal Values

buy # Total
$100M to $1B 1 $100M
TOTAL $100M
Largest Westfalia-Automotive GmbH
$100M (2016-08-25)
sell # Total
$100M to $1B 1 $242M
TOTAL $242M
Largest Horizon Global - Asia-Pacific Business Segment
$242M (2019-08-16)

M&A Connections

Deals
Acquired from
Investor(s)
40%
2 (40%)
Strategic(s)
40%
2 (40%)
Divested to
Investor(s)
100%
1 (100%)

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