Clarus Corp., a global company focused on the outdoor and consumer enthusiast markets based in Salt Lake City, has acquired Australian-based TRED Outdoors Pty Ltd. from Venlo Holdings. TRED is a fast-growing, outdoor adventure brand producing products across the off-road, 4X4 automotive touring, camping and caravans segments. The transaction includes a combination of cash, stock and future consideration based on TRED’s performance. TRED will continue to operate independently as a wholly owned indirect subsidiary of Clarus and will be part of the company’s adventure segment.
Founded in 2012, TRED serves key retailers and Please log in to see the rest of this story.