Canada-based action sports retailer West 49 has completed its sale to Australian skate and snowboarding specialist Billabong.

The company said it expected to be removed from trading on the Toronto Stock Exchange after the markets close on August 8.

Billabong said it was interested in buying the brand at the beginning of July and was prepared to pay $99 million for it. When the deal was announced, West 49 chairman Ken Fowler said most of the company's 138 Canadian stores were expected to remain under the West 49 banner.