Clarus Expands Adventure Lineup With RockyMounts Acquisition [Yahoo! Finance]
Clarus Corporation (CLAR)
NASDAQ:AMEX Investor Relations:
claruscorp.com
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Source: Yahoo! Finance
The initiative highlights Clarus' commitment to bolstering its adventure portfolio and addressing key growth areas. While the transaction was funded using cash on hand, terms remain undisclosed. Renowned for its bicycle transport products, RockyMounts has built a strong reputation for its premium roof and hitch rack solutions. Its offerings include innovative designs, durability and compatibility with various vehicles, including SUVs, vans and trucks. RockyMounts' products are widely available across local and national retailers in North America. Clarus has identified bicycle racks as a key product category in its strategic roadmap. The addition of RockyMounts is expected to broaden the company's addressable market, particularly in the bike rack and hitch-based products segment. The acquisition aims to enhance brand penetration in the U.S. market while providing Rhino-Rack a gateway to introduce a new product category in Australia. Furthermore, the integration of RockyMounts is an
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CLAR
News
- Rhino-Rack Acquires RockyMounts [Yahoo! Finance]Yahoo! Finance
- Rhino-Rack Acquires RockyMountsGlobeNewswire
- Mark Besca Appointed to Clarus’ Board of DirectorsGlobeNewswire
- Clarus Corporation (CLAR): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Clarus Corp (CLAR) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]Yahoo! Finance
CLAR
Earnings
- 11/7/24 - Beat
CLAR
Sec Filings
- 12/9/24 - Form 4
- 12/9/24 - Form 3
- 12/9/24 - Form 8-K
- CLAR's page on the SEC website