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Benzinga
Benzinga
Business
Shivani Kumaresan

Clarus Acquires Barnes Headquarters For $9.5M

  • Clarus Corp (NASDAQ: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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