Rhino-Rack (Clarus Corporation) Acquires Certain Assets of RockyMounts

Rhino-Rack, a brand within Clarus Corporation, has acquired certain assets of RockyMounts, a Boulder, Colorado-based maker of bicycle transport products. The transaction, funded with cash on hand and with terms undisclosed, will integrate RockyMounts into Rhino-Rack’s Colorado facility while founder Bobby Noyes will remain on the innovation team to support product development and expansion into U.S. and Australian markets.