Horizon Global

Troy, United States Founded: 1855 • Age: 171 yrs Listed Acquired By First Brands Group
Designer, manufacturer, and distributor of towing, trailering, and cargo management products

About Horizon Global

Horizon Global is a Transportation, Automotive & Logistics company based in Troy (United States) founded in 1855, and was acquired by First Brands Group in February 2023. Designer, manufacturer, and distributor of towing, trailering, and cargo management products. Horizon Global has completed 3 acquisitions, including Brink Group, Terwa and Westfalia-Automotive. Its chief executive, as recorded, is Tom Benson. Its focus areas include Auto, Auto Components and Multi Category.

Company details

Horizon Global was founded in 1855 and is headquartered in Troy, United States. Towing, trailering, and cargo management products are designed, manufactured, and distributed within the automotive sector. Supplies are provided to original equipment manufacturers, retailers, dealer networks, and end consumers. Advanced technology is applied in product development, with the portfolio including established brands in towing and trailering.

Key Metrics

Investors in Horizon Global

Horizon Global has secured backing from 1 investor. Prominent investors backing the company include First Brands Group.

All
InvestorDescriptionFounded YearDomainLocation
Develops, markets, and sells premium automotive parts via various brands globally.
2020firstbrandsgroup.comDeeside, United Kingdom
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Board of directors of Horizon Global

The boards of the 2 registered companies of Horizon Global currently have 7 directors; the longest-serving is Veera Wali Kapoor, appointed in 1999. 17 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Veera Wali Kapoor
DIN 00041716
Director25 Oct 199927 yrsHorizon Global Limited
Tushar Kapoor
DIN 02928641
Director02 Mar 201016 yrs 8 moHorizon Global Limited
Stephen Edward Kingsley Graham
DIN 09022666
Director10 Apr 20233 yrs 7 moHorizon Global Sourcing Operations & Innovation Center India Private Limited
Shekhar Kumar
DIN 09537366
Director10 Apr 20233 yrs 7 moHorizon Global Sourcing Operations & Innovation Center India Private Limited
Michael Simon Baker
DIN 09634775
Director10 Apr 20233 yrs 7 moHorizon Global Sourcing Operations & Innovation Center India Private Limited
Gyanendu Shekhar Pandey
DIN 10044760
Director03 May 20242 yrs 6 moHorizon Global Sourcing Operations & Innovation Center India Private Limited
Prashant Sethi
DIN 00395127
Additional Director14 Jul 20251 yr 3 moHorizon Global Limited

People of Horizon Global

60 people are tracked at Horizon Global (10 in leadership, 50 in team).

NameRoleGroup
Tom Benson
President & CEOLeadership
John C. Kennedy
Interim President & CEOLeadership
James Zhou
CFOLeadership
Matthias Siemer
President, Europe & AfricaLeadership
Elwengs Chen
Managing Director, Asia TradingLeadership
Marcus Erger
Vice President & General Manager Automotive Oem/oes EuropeLeadership
James Parks
Director - Global Business Management (systems & Compliance)Leadership
Gregory Mercier
Director EngineeringLeadership
Shyam Ganjewar
Managing Director - IndiaLeadership
Kirk Wiggerman
Director EcommerceLeadership
Lee Adelman
SVP, CommercialTeam
Ismail Goekdogan
Produktions.- Und DispositionsleiterTeam
Nora Elizondo
Quality Management System CoordinatorTeam
Armando Cerda
Plant Manager Horizon GlobalTeam
David Marescaux
Responsable CommercialTeam
Moshanti Theo Makgale
Process ManagerTeam
Mesut Gürsoy
Division Financial Officer, Europe and AfricaTeam
Alejandro Legarreta
IT Engineer At Horizon GlobalTeam
James Tindell
Division Finance Officer, Horizon Global AmericasTeam
Nagarajan Dharmaraj
Project Lead Mech EnggTeam

40 more people are available in the full profile.

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Financials of Horizon Global

Figures of Horizon Global Limited, the primary company behind Horizon Global, for FY 2024. Revenue was ₹10.7 Lakh (-91% year on year). Net loss was -₹1.22 Cr (-1140% margin). EBITDA was -₹85.8 Lakh (-800% margin). Revenue has grown at a compounded annual rate of -78% over three years and -71% over five years.

  • ₹10.7 LakhRevenue · FY 2024 · -91% YoY
  • -₹1.22 CrNet loss · -1140% margin
  • -₹85.8 LakhEBITDA · -800% margin
  • ₹1.47 CrPaid-up capital
  • 21Employees (provident fund records)
  • -78%Revenue CAGR, 3 years
  • -71%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Horizon Global Limited are on its company page.

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Detailed financial statements for Horizon Global

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Investments & Acquisitions by Horizon Global

Horizon Global has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Brink Group, Terwa and Westfalia-Automotive.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of 90s and contemporary music radio broadcasting
brinkgroup.euStaphorst, Netherlands1903Dec 2017$198.83M
Provides industrial tools for fixing system, reinforcement, & fastening plates
terwa.comIjsselstein, Netherlands2004Aug 2016β€’β€’β€’β€’
Coupling products for the automotive industry are manufactured and distributed.
westfalia-automotive.comBristol, United Kingdom1932Aug 2016β€’β€’β€’β€’
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Timeline of Horizon Global

6 dated milestones of Horizon Global across 168 years, from founding to its latest funding, stage changes and deals.

  1. Founded Horizon Global is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Terwa.
  4. Acquisition Acquires Westfalia-Automotive.
  5. Acquisition Acquires Brink Group.
  6. Exit Acquired by First Brands Group.

Web traffic of Horizon Global

The website of Horizon Global (horizonglobal.com) receives about 4.9K visits a month.

  • Monthly visits
    4.9K

    ▼ 32.2% vs previous month

Top companies in Automotive Manufacturing & Components

3 companies that operate in the same segment as Horizon Global (Automotive Manufacturing & Components) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of infotainment and audio solutions for multiple sectors
1980Stamford, Connecticut, United States
Manufacturer of gas-powered construction equipment
1919United StatesUSD 1.27 B53,976
Motor vehicles and parts are manufactured, imported, distributed, and sold.
1994Irvine, California, United StatesUSD 79.03 B35,750
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Related news about Horizon Global

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Frequently Asked Questions about Horizon Global

Horizon Global was founded in 1855.

Horizon Global is headquartered in Troy, United States.

Tom Benson is the CEO of Horizon Global, as recorded in our data.

Annual revenue of Horizon Global is $782.12M as on Dec 31, 2021.

Horizon Global was founded in 1855 and is headquartered in Troy, United States. Towing, trailering, and cargo management products are designed, manufactured, and distributed within the automotive sector. Supplies are provided to original equipment manufacturers, retailers, dealer networks, and end consumers. Advanced technology is applied in product development, with the portfolio including established brands in towing and trailering.

Horizon Global has made 3 acquisitions, including Brink Group, Terwa, and Westfalia-Automotive.

Horizon Global has 1 investor. Key investors include First Brands Group.

Horizon Global is associated with 2 legal entities: Horizon Global Limited, Horizon Global Sourcing Operations & Innovation Center India Private Limited.

Yes. Horizon Global was acquired by First Brands Group in February 2023.

The legal entities of Horizon Global currently have 7 directors, including Tushar Kapoor, Prashant Sethi, Veera Wali Kapoor and others.

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