Clarus Corporation has completed the sale of its PIEPS snow safety brand and assets of the JetForce avalanche pack intellectual property to a private investment firm. The total purchase price for the divestiture was €7.8 million, approximately $9.1 million, including cash and debt.
This divestiture aligns with Clarus's strategic objective to simplify its business and rationalize product categories. The transaction strengthens the company's balance sheet and supports its ability to pursue long-term growth opportunities.
The sale of PIEPS was a result of a comprehensive strategic review process initiated in the fall of 2024. This move allows Clarus to focus on its core Outdoor and Adventure brands.
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