M&A Deal Summary

Horizon Global Acquires Cequent Consumer Products

On July 1, 2015, Horizon Global acquired consumer products company Cequent Consumer Products from TriMas

Acquisition Highlights
  • This is Horizon Global’s 1st transaction in the Consumer Products sector.
  • This is Horizon Global’s 2nd transaction in the United States.
  • This is Horizon Global’s 1st transaction in Ohio.

M&A Deal Summary
Date 2015-07-01
Target Cequent Consumer Products
Sector Consumer Products
Buyer(s) Horizon Global
Sellers(s) TriMas
Deal Type Divestiture

Target

Cequent Consumer Products

Solon, Ohio, United States
Cequent Consumer Products, Inc. is a designer, manufacturer and marketer of innovative accessories for the automotive, recreation, and trailering aftermarket.

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Buyer(S) 1

Buyer

Horizon Global

Plymouth, Michigan, United States
Category Company
Founded 2015
Sector Automotive
Revenue 782M USD (2021)
DESCRIPTION

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.

DEAL STATS #
Overall 3 of 4
Sector (Consumer Products) 1 of 1
Type (Divestiture) 2 of 2
State (Ohio) 1 of 1
Country (United States) 2 of 2
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Fulton

Plymouth, Michigan, United States

Fulton is a manufacturer of line of trailer jacks, winches, and couplers. Fulton was formed in 1990 and is based in Plymouth, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-25 Westfalia-Automotive

Rheda-Wiedenbrück, Germany

Westfalia-Automotive GmbH is a manufacturer of towbars, wiring kits and carrier systems for cars and light utility vehicles with an international presence.

Buy €89M

Seller(S) 1

SELLER

TriMas

Bloomfield Hills, Michigan, United States
Category Company
Founded 1986
Sector Diversified
Employees3,400
Revenue 893M USD (2023)
DESCRIPTION

TriMas is a diversified designer, manufacturer and distributor of engineered and applied products that serve a variety of industrial, commercial and consumer end markets worldwide. TriMas was founded in 1986 and is based in Bloomfield Hills, Michigan.

DEAL STATS #
Overall 6 of 7
Sector (Consumer Products) 1 of 1
Type (Divestiture) 5 of 6
State (Ohio) 1 of 1
Country (United States) 6 of 7
Year (2015) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Horizon Global

Plymouth, Michigan, United States

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.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-19 Plastic Srl

Forlì, Italy

Plastic Srl is a privately-owned manufacturer of polymeric caps and closures for home care product applications. Plastic Srl predominantly manufactures single-bodied and assembled caps and closures, including child-resistant closures, for home care product applications, such as detergent and household cleaning products. With more than 100 closure product designs, including several patented closure systems, Plastic Srl serves the home care market in Italy and other European countries.

Buy -
Mergr

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