Avail Vapor, a premium U.S. e-liquid retailer, has agreed to acquire Giant Vapes, a major global e-commerce vapor company.
According to Avail, the acquisition would create a global, omnichannel organization with a clear mission to bring value to customers wherever they choose to shop.
“By combining the strengths of Avail’s broad brick-and-mortar footprint and Giant Vapes’ extensive e-commerce platform, the combined company will deliver unique value to its customers both in the U.S. and abroad,” the company wrote in a statement.
Following the acquisition, Avail Chairman and CEO James Xu will lead the combined companies alongside Justin Murphy, vice president of retail and marketing, who will be overseeing the day-to-day operations of both Avail and Giant Vapes.