Kathmandu acquires Rip Curl for $236m
02/10/2019
Rip Curl, one of the best known names in surfing, has been purchased for $236m by Australia- and New Zealand-based outdoor retailer Kathmandu. The acquisition creates a surfing and outdoor adventure lifestyle company, that will be, according to Kathmandu CEO Xavier Simonet, “highly complementary, seasonally balanced.”