K2 Inc. has closed its previously announced acquisition of Volkl Sports Holding AG, and The Marker Group. The purchase price was approximately $124 million plus the assumption of seasonal working capital debt. Volkl and Marker are leading global brands in premium skis and ski bindings. Additionally, K2 announced that the net proceeds from the recently completed $200 million, 7 3/8% senior notes offering have been released from escrow in connection with the closing of Volkl and Marker.