Samsonite International S.A. said on Friday it would buy U.S.-based online travel bags retailer eBags Inc for $105 million cash.

The news comes as the luggage maker looks to accelerate the growth of its e-commerce business in North America and worldwide.

The deal, which will be funded by internal resources and a revolving credit facility, is expected to be completed in the second quarter of 2017, Samsonite said in a filing to the Hong Kong bourse.

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Samsonite said earlier this week it had taken direct control of the wholesale and retail distribution of Tumi products in Hong Kong, Macau and China from April 1.