Add-on Acquisition • Automotive

Horizon Global Acquires Witter Towbar Systems

On April 1, 2013, Horizon Global acquired automotive company Witter Towbar Systems

Acquisition Context
  • This is Horizon Global’s 1st transaction in the Automotive sector.
  • This is Horizon Global’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date April 1, 2013
Target Witter Towbar Systems
Sector Automotive
Buyer(s) Horizon Global
Deal Type Add-on Acquisition

Target Company

Witter Towbar Systems

Flintshire, United Kingdom
Witter Towbar Systems is a manufacturer and supplier of automotive towbars and accessories.
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Buyer Overview 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 Context for Buyer #
Overall 1 of 5
Sector: Automotive 1 of 4
Type: Add-on Acquisition 1 of 3
Country: United Kingdom 1 of 1
Year: 2013 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 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.

Buy -