HORIZON GLOBAL
Filed Pursuant to Rule 433 under the Securities Act of 1933
Registration Statement No. 333?203138
May 21, 2015
VISION:
Enriching Lives Through Better Products
MISSION:
Our mission is to utilize forward-thinking technology to develop and deliver best-in-class products for our customers, engage with our employees and realize value creation for our shareholders.
Horizon Global, which includes our Cequent Americas and Cequent APEA (Asia Pacific, Europe and Africa) segments, is a market leader in the design, manufacture and distribution of a wide variety of high-quality, custom engineered towing and trailering products. This group of businesses serves several markets, including: original equipment manufacturers, aftermarket and retail customers in the agricultural, automotive, construction, industrial, marine, military, recreational vehicle, trailer and utility end markets. Products include brake controllers, cargo management, heavy-duty towing products, jacks and couplers, protection/securing systems, trailer structural and electrical components, tow bars, vehicle roof racks, vehicle trailer hitches and additional accessories.
Strong brands and solid customer relationships across the globe will aid GROWTH growth in current markets and geography.
Targeted entry into new markets and geographies will drive additional growth.
MARGIN Significant investment has been made in the past several years and will drive future margin improvement.
IMPROVEMENT
Organizing as one global company will drive margin improvement.
EXPERIENCED Strong legacy of success will lead the company into the future. MANAGEMENT TEAM Ready to run as a stand-alone company.
FUTURE VALUE DRIVERS
EXPAND EXISTING Leverage product portfolio and manufacturing footprint to expand existing CHANNELS channels, specifically the e-Commerce channel
EXPAND INTO Leverage existing capabilities with global OEs
HIGHER GROWTH Use global manufacturing, distribution network and available products to expand
MARKETS sales in Latin America and China
Flexible manufacturing capability and low-cost sourcing allow quick
OPERATIONAL response to changes in demand
EXCELLENCE
Opportunities for additional efficiencies and cost leverage
Significant opportunity to benefit from recent investments DRIVE MARGIN (acquisitions and plant)
EXPANSION
Reorganizing global operations to operate as a single combined entity
HORIZON GLOBAL
NYSE: HZN www.horizonglobal.com
Maria C. Duey mduey@horizonglobal.com 248-593-8835
DIVERSITY OF REVENUES
REVENUE BY GEOGRAPHY REVENUE BY PRODUCT CATEGORY REVENUE BY CHANNEL(1)
Africa
Other Americas Asia Europe
Australia
U.S.
(1) Management estimate based on 2014 revenue.
Other
Cargo
Towing
Trailering
Retail / e-Commerce
OEM/OES
Aftermarket
STRENGTHS
DIVERSE PRODUCT Diverse portfolio of high-quality and highly-engineered products sold under PORTFOLIO OF MARKET globally recognized brand names
LEADING BRANDS
Ability to provide complete solutions to satisfy customers’ needs
Global company with manufacturing operations and facilities in 9 different GLOBAL SCALE WITH countries, including a global network of third party suppliers – 75% originating
FLEXIBLE MANUFACTURING in low-cost countries FOOTPRINT AND SUPPLY CHAIN
Flexible manufacturing capability, low-cost manufacturing facilities and an established supply chain allow for a more efficient response to changes in end-market demand LONG-TERM Customer base spans a broad range of OEs, retailers, e-Commerce RELATIONSHIPS WITH A websites, distributors, dealers and independent installers DIVERSE CUSTOMER BASE Customer relationships are well established, many exceeding 20 years
Mississauga, Ontario Deeside, UK
Helsinki, Finland Tekonsha, Michigan Mosinee, Wisconsin Hartha, Germany South Bend, Indiana Plymouth, Michigan Fairfield, Iowa Solon, Ohio
Chon Buri, Thailand Dallas, Texas Pretoria, South Africa El Paso, Texas McAllen, Texas Juarez, Mexico Brisbane, Australia Reynosa, Mexico Keysborough, Australia Auckland, New Zealand
Perth, Australia Facilities Itaquaquecetuba, Brazil
Christchurch, New Zealand
10% REVENUE CAGR 2010-2014
2014 Actual 2015 Guidance
Revenues $611.8 million Cequent Americas: GDP+
Cequent APEA: 10% headwind in currency
Operating Margin(1) ~7.0% 100 basis points improvement over 2014
Free Cash Flow(2) $16.6 million Significant investment cycle completed
Global Reach 2,700 employees world-wide 2,700 employees world-wide
(1) TriMas 2014 year end earnings presentations. Segment operating profit after special items and before corporate (2) expenses.
S-1 statement filed 03/31/15. Net cash provided by operating activities less capital expenditures.
Registration Statement
The Company has filed a registration statement (including a prospectus) with the SEC for the spin-off to which this communication relates. You should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and the spin-off. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Company will arrange to send you the prospectus if you request it by contacting us at 248-631-5467.