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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.
Jerome Doraisamy
Firm: Baker McKenzie (Clarus Corporation).
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.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.
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