Clarus Corporation Closes Acquisition of Rhino-Rack
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 Corporation Closes Acquisition of Rhino-Rack
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.