Westfalia-Automotive completes sale to Horizon Global - Dr. Welzel to Transition Management Duties

Westfalia-Automotive announces today it completed the sale of Westfalia-Automotive and Terwa, collectively referred to as the Westfalia-Automotive-Group, to Horizon Global Corporation (NYSE: HZN), one of the world’s leading manufacturers of branded towing and trailering equipment. Effective immediately, Dr. Bernd Welzel will transition management duties to Paul Caruso, Horizon Global’s Regional Vice President and Managing Director – Europe, Africa and Latin America.

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