Clarus (CLAR) to Acquire Rhino-Rack
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Clarus to Acquire Rhino-Rack, Premier Aftermarket Automotive Roof Rack and Accessories Brand
June 1, 2021 7:00 AM EDT- Transformative Acquisition Aligns with Clarus Global Super Fan Strategy and Expected to Add Significant Scale, Global Reach and Compelling Growth Opportunities -
- Acquisition Expected to be Immediately Accretive -
SALT LAKE CITY, June 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 entered into a definitive agreement to acquire 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... More
