Boardriders acquires Billabong

Boardriders, owner of Quiksilver, Roxy, and DC Shoes, reportedly has entered into an agreement to purchase Billabong International.

Both companies will be active in over 110 countries, own e-commerce in 35 countries, and 630+ retail stores in 28 countries. Both brands have multiple brand licenses.

The acquisition is expected to close in the first half of 2018.