The First Brands Group has completed its previously announced acquisition of Horizon Global Corp., making Horizon Global became a wholly owned subsidiary of First Brands.

All conditions of the offer were satisfied and First Brands completed its acquisition of all issued and outstanding equity securities of Horizon Global for the Offer Price. As a result of the acquisition, Horizon Global became a wholly-owned subsidiary of First Brands and Horizon Global’s common stock will be delisted from the New York Stock Exchange.