Clarus Acquires Barnes Headquarters For $9.5M

by Shivani Kumaresan, Benzinga Staff Writer

December 20, 2021 9:51 AM | 1 min read

Clarus Corp CLAR has acquired the headquarters of its Barnes brand for $9.5 million.
The building, located in Mona, Utah, is both the headquarters and production facility for the company's Barnes brand.
The company expects the building and land purchase to expand capacity for its Barnes brand.
Clarus held $10.2 million in cash and equivalents as of September 30, 2021.
Price Action: CLAR shares traded lower by 4.60% at $25.50 on Monday's last check.

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