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In 2006, Black Diamond Equipment Asia was established in Zhuhai, China to serve as both a secondary manufacturing facility, as well as a global distribution hub. In May 2010, Black Diamond Equipment was acquired for $90 million by Clarus Corporation. The resulting corporation was renamed and is now publicly traded on the NASDAQ under the name CLAR.
Kanders and Schiller were managers at Clarus Corporation, based in Connecticut, when in 2010, it purchased Gregory Mountain Products and the Utah-based Black Diamond Equipment, for a combined $135 million. Following the deal, the two companies were combined into one company, named Black Diamond, with Kanders as executive chairman.
Ryan Gellert (born January 3, 1972) [1] is an American business executive who is the CEO of Patagonia, Inc. as of September 2020. [2] Previously, he was the manager of EMEA - Patagonia for the European market. [3]
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In 1989, Chouinard Equipment, Ltd. filed for bankruptcy protection in order to protect it from liability lawsuits. The hard assets of Chouinard Equipment, Ltd. were acquired by its employees through the Chapter 11 process, and the company was reestablished as Black Diamond Equipment, Ltd. [9]
Camalot is a brand of spring-loaded camming devices manufactured by Black Diamond Equipment used to secure ropes while rock climbing. Camalots use a dual-axle system, resulting in a slightly higher expansion range than similarly sized single axle units, however that results in significant weight penalty. [1]