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Clarus Corporation acquires MAXTRAX

NASDAQ-listed US developer of outdoor equipment and lifestyle products Clarus Corporation has been advised on its acquisition of vehicle recovery and extraction track business MAXTRAX.

December 13, 2021 By Jerome Doraisamy
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Clarus Corporation acquires MAXTRAX
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Firm: Baker McKenzie (Clarus Corporation).

Deal: Clarus Corporation has acquired MAXTRAX, which will continue to operate independently as a wholly owned indirect subsidiary of Clarus.

 
 

Area: M&A.

Value: Undisclosed.

Key players: The Baker team was led by partner Richard Lustig, who was supported by Caroline Tait, Harrie Bantick and Alex Hewitt.

Deal significance: Mr Lustig said: “We were delighted to again act in Australia for our client, Clarus, on the acquisition of MAXTRAX, having previously acted on the acquisition of Rhino-Rack, an Australian aftermarket automotive roof rack and accessories brand.

“This purchase provides further opportunity to take new innovative products to market in both North America and around the world.” 

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