Horizon Global is known for its Fulton, Bulldog, Bargman, Hidden Hitch, Draw-Tite, Tekonsha and Reese brands. Many of its RV related products are centered around towing and towing accessories.
On December 8, 2014, TriMas Corp. announced it would create a tax-free spin-off of 100% of its Cequent businesses into a new stand-alone, publicly traded company, Horizon Global Corp. Upon completion of the spin-off, Horizon Global was publicly traded on the NYSE under the symbol HZN. The transaction was completed mid-2015.
The spin-off laid a foundation for ongoing, substantial growth. The accelerated, organic growth initiatives focused on product innovation, market penetration and geographic expansion and was supplemented by selective bolt-on acquisitions in growing markets. Horizon’s diverse array of businesses provide products and solutions to customers in growing world wide markets.