Horizon Global acquires Westfalia Group
Horizon Global Corp. has announced its acquisition of the Westfalia Group, a towing company comprised of the Westfalia Automotive, Siarr and Terwa brands. The acquisition is comprised of approximately €89 million cash (approximately US $100.5 million) and assumed net debt of €42 million (approx. US $47.5 million). According to the company, this will lead to an
