Flip Skateboards, Inc. announced that it has finalized a buy-out deal from a long term distribution agreement with Blitz Distribution, Inc., and effective immediately has relocated the sales and distribution of the brand to NHS, Inc., in Santa Cruz, California.
Jeremy Fox, CEO of Flip states “this move makes perfect sense for the Flip brand as well as for NHS as our new distribution partner, and we feel that there is great synergy in terms of direction and commitment between the two companies”.
Per Welinder, one of the original owners of Flip Skateboards Inc., and the CEO of Blitz Distribution states that “this deal will allow Blitz to focus on Baker Skateboards, Fury Trucks, Birdhouse Skateboards, Sk8Mafia, Hook-Up's and JSLV Clothing. Furthermore, this will allow Blitz more time and effort to flow into developing new brands.”