Horizon Global Corp., a branded towing and trailering equipment supplier, and Continental Automotive Systems, Inc. have agreed to amicably resolve their 2-year-old dispute over patent rights to their electronic trailer brake controllers.
The specific terms are confidential.
Horizon Global is headquartered in Plymouth, Michigan. The company manufactures and distributes custom-engineered towing, trailering, cargo management and other related accessory products in North America and Europe.
Founded in 1871, Continental Automotive Systems, Inc. is a multinational company specializing in sustainable transportation solutions.