CLAR - Mergers and acquisitions

SALT LAKE CITY, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor enthusiast markets, today announced that Rhino-Rack, a leading brand in Clarus's Adventure segment, has acquired certain assets of RockyMounts™, a Colorado-based brand specializing in bicycle transport products. For over 30 years, RockyMounts has designed innovative roof and hitch rack solutions, attracting a dedicated following of customers thanks to the products' distinct style and exceptional durability. Founded by Bobby Noyes in Boulder, Colorado in 1993, RockyMounts is known for making well designed and dependable premium bicycl

- Acquisition Broadens Clarus' Adventure Segment Into Large Addressable RV and Caravan Categories While Expanding Addressable Consumer Segments Globally - - Acquisition Expected to be Immediately Accretive - SALT LAKE CITY, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor and consumer enthusiast markets, today announced it has acquired Australian-based TRED Outdoors Pty Ltd. ("TRED") from Venlo Holdings. TRED is a fast-growing, outdoor adventure brand producing best-in-class innovative products across the following segments: Offroad, 4x4 automotive touring, camping and caravans. The transaction inc

Caption Failed to Timely Comply with the Beneficial Ownership Reporting Provisions of the Exchange Act Caption's Beneficial Ownership of 17.1% Violates Rights Agreement Clarus Will Investigate Whether Caption is Liable for Disgorgement of Short Swing Profits Under Section 16(b) of the Exchange Act SALT LAKE CITY, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor and consumer enthusiast markets, released a statement regarding Caption Management, LLC's recently filed Schedule 13G and its acquisition of beneficial ownership of Clarus common stock in violation of its Rights Agreement. The statement pr

SALT LAKE CITY, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor and consumer enthusiast markets, released a statement acknowledging the recent market volatility in the trading of shares of its common stock and related derivatives. The statement provided by the Company is as follows: The Company is not aware of any new material developments or pending announcements concerning its business operations that may be contributing to the recent volatile market activity in the trading of its common stock as well as related derivatives.Parallax Volatility Advisers, L.P. and its affiliates ("Parallax") rece

SALT LAKE CITY, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor and consumer enthusiast markets, today announced that it purchased the headquarters of its Barnes® brand. The building, located in Mona, Utah, is both the headquarters and production facility for the Company's Barnes® brand. Clarus purchased the building and land for $9.5 million. John Walbrecht, President of Clarus, said, "By making the strategic decision to purchase Barnes' headquarters and surrounding land, we believe that we now have greater flexibility to expand capacity for the Barnes® brand, which is of high importance as we loo

- Acquisition Accelerates Clarus' Vision to Scale its Overlanding and Vehicle Accessory Category - - Acquisition Expected to be Immediately Accretive - SALT LAKE CITY, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company"), a global company focused on the outdoor and consumer enthusiast markets, today announced it has acquired Australian-based MAXTRAX® ("MAXTRAX"), the market leader in producing the best overlanding and off-road vehicle recovery and extraction tracks, for a combination of cash, stock and future consideration. MAXTRAX will continue to operate independently as a wholly-owned indirect subsidiary of Clarus and will be part of the C

SALT LAKE CITY, July 01, 2021 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ:CLAR) ("Clarus" and/or the "Company") a global company focused on the outdoor and consumer enthusiast markets, has completed the acquisition of Australia-based Rhino-Rack Pty Ltd ("Rhino-Rack"), a leading manufacturer and distributor of highly-engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, and accessories. Rhino-Rack will continue to operate independently as a wholly-owned indirect subsidiary of Clarus and will constitute a third reporting segment. Clarus acquired Rhino-Rack for $AUD 194 million (approximately $USD 145 million) in cash, subject to a post-closing working capita