Clarus Acquires MAXTRAX, the Market Leader in Vehicle Recovery and Extraction Track for the Overland and Off-Road Market
Clarus Corporation (CLAR)
NASDAQ:AMEX Investor Relations:
claruscorp.com
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Source: GlobeNewswire
- 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 Company’s Overlanding reporting segment, which includes recently acquired Rhino-Rack. MAXTRAX’s net sales for the fiscal year ended June 30, 2021 were approximately AUD 21 million. Founded in 2005 by Brad McCarthy, MAXTRAX is considered the creator of the vehicle recovery board. MAXTRAX has develo
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News
- Clarus Sets First Quarter 2024 Conference Call for Thursday, May 2, 2024, at 5:00 p.m. ETGlobeNewswire
- Clarus Co. (NASDAQ: CLAR) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Clarus Co. (NASDAQ: CLAR) had its price target raised by analysts at Roth Mkm from $6.50 to $7.50. They now have a "buy" rating on the stock.MarketBeat
- Clarus Files Lawsuit Against Caption Management LLC, Caption Partners II LP, Caption GP, LLC, William Cooper and Jason Strasser for Recovery of Short-Swing ProfitsGlobeNewswire
- Clarus Corporation (NASDAQ:CLAR) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
CLAR
Earnings
- 3/7/24 - Miss
CLAR
Sec Filings
- 3/13/24 - Form 4
- 3/13/24 - Form 4
- 3/13/24 - Form 4
- CLAR's page on the SEC website