NZ-based Kathmandu Holdings to buy surfing gear firm Rip Curl for $236m

NZ-based Kathmandu Holdings to buy surfing gear firm Rip Curl for $236m

Photo: Unsplash

New Zealand outdoor clothing maker Kathmandu Holdings said it will buy Rip Curl Group for A$350 million ($236 million) in a deal that sees the last of Australia’s big three surf brands fall to overseas control.

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