US surfwear company Quiksilver Inc has completed its tender offer for the outstanding share capital of winter sports goods business Skis Rossignol SA.

Quiksilver, which acquired approximately 6.0 million shares at €19.00 per share during the offering period, expects to directly or indirectly own approximately 94 per cent of the issued share capital of Rossignol at the anticipated 26 July closing.

Bernard Mariette, president of Quiksilver Inc, commented: "We expect the combination of these two great businesses to be powerful, and we are looking forward to moving ahead quickly with our integration plans to demonstrate our potential for growth and increasing value over both the near and long term."

It was reported in March this year that Quiksilver would buy Rossignol for €240m - a deal which will create the world's biggest outdoor clothing and equipment manufacturer.