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 Post subject: Sierra Bullets Sold to Clarus Corporation
New postPosted: August 23rd, 2017, 6:29 am 
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AZS is my home
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Joined: March 31st, 2005, 10:16 pm
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Location: AZ
Sierra Bullets has been acquired by Clarus Corporation (NASDAQ: CLAR) for the sum of $79,000,000, “subject to a post-closing working capital adjustment”. Sierra is one of the world’s leading producers of bullets for hunters, sportsmen, and target shooters. With revenues topping $30,000,000 per year, Sierra has long been a major force in the firearms world. Clarus, formerly Black Diamond Inc., is a Utah-based holding company which “seeks opportunities to acquire and grow businesses that can generate attractive shareholder returns”. Clarus also owns Black Diamond Equipment, Ltd., maker of outdoor equipment/clothing for the climbing, skiing and mountain sports markets.

http://bulletin.accurateshooter.com/201 ... rporation/


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 Post subject: Re: Sierra Bullets Sold to Clarus Corporation
New postPosted: August 23rd, 2017, 9:15 am 
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Joined: August 21st, 2008, 3:07 pm
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Location: Safford, Arizona
I fear this is bad news for Sierra and us as shooters as I am sure corners will be cut to save the bottom line and Sierras quality and products will go down hill. I pray this isn't the case but it seems that this is always the way things go.

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 Post subject: Re: Sierra Bullets Sold to Clarus Corporation
New postPosted: August 26th, 2017, 12:33 am 
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Joined: June 21st, 2011, 2:52 pm
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All Sierra is, is quality. That's why we pay Sierra prices. It will either stay the same or change entirely to cheap bullets, but expensive run of the mill bullets will not work.

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"One man with a gun can control 100 without one." -V. Lenin


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 Post subject: Re: Sierra Bullets Sold to Clarus Corporation
New postPosted: August 26th, 2017, 12:33 am 
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Joined: June 21st, 2011, 2:52 pm
Posts: 501
Location: Phoenix
All Sierra is, is quality. That's why we pay Sierra prices. It will either stay the same or change entirely to cheap bullets, but expensive run of the mill bullets will not work.

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"One man with a gun can control 100 without one." -V. Lenin


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