Quad Lock, an Australian manufacturer of phone mounts and accessories, is set to be acquired by Sweden’s Thule in a deal worth $500 million.

In a report released today, Adela Dashian from Jefferies maintained a Hold rating on Thule Group AB (0R3W – Research Report), with a price target of SEK285.00. Adela Dashian has given her Hold ...

Thule Group has signed an agreement to acquire Quad Lock, the global market leader in performance phone mount solutions, giving cyclists, motorcyclists and other adventurers access to their mobile ...

The Melbourne-based business will be acquired by Swedish giant Thule. It makes products that lock phones to bikes, boats and cars used on tough terrain.