Clarus Buys the Buildings Housing its Barnes Bullets Subsidiary for $9.5 Million

In an effort to strengthen its presence in Utah, Clarus (NasdaqGS:CLAR) recently acquired the headquarters buildings of housing its Barnes Bullets subsidiary in Mona, Utah.

According to the company news release, Salt Lake City-based Clarus spent $9.5 million to acquire the headquarters and production facilities in Mona.

A bullet technology and innovation brand, Barnes customers are primarily

Hunters,
Range shooters,
Military/Armed forces members, and
Law Enforcement professionals.

Barnes is one of six Clarus brands, each of which has attracted unique core audiences:

Black Diamond,
climbON,
Pieps,
Rhino-Rack,
Sierra Bullets, and

According to Clarus President, John Walbrecht,

"We are deeply committed to not only growing our portfolio of 'super-fan' brands, but also investing in the people and places that make our brands who they are today. We are thrilled to further solidify our presence in the great state of Utah."

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