Tippmann Acquires NXe Paintball

Purchase will provide Tippmann with comprehensive new soft goods offering

Tippmann Sports has acquired NXe, a manufacturer of soft goods for the paintball industry. The acquisition combines the industry’s leading paintball marker brand with the leading soft goods brand. A full line of paintball harnesses, protective gear, tank covers, apparel, bags, pods and other miscellaneous accessories will be immediately integrated into Tippmann’s existing product offering.

Howard Kosick, President and CEO of Tippmann, commented, “By acquiring NXe, we’re adding a well-known and respected brand to our portfolio with a strong reputation for innovation and quality – two credentials Tippmann has maintained for more than 25 years. This move provides us with a comprehensive new product offering as well as access to NXe’s factories, both of which are extremely valuable.”

John Bosch, President of NXe, added, “It is with some sadness that we sell NXe, a company we built from the ground up over the past six years. But, it’s time to focus on our other businesses and we’re very excited that a company with the reputation of Tippmann will continue to carry on the NXe tradition. We really couldn’t have asked for a better situation.”

The 2011 designs are complete and most of the new items are expected to be part of the Spring launch. Patrick Ehren, Vice President of Sales and Marketing for Tippmann, commented, “Although we’re excited about moving forward, we do ask that both NXe’s loyal customers as well as Tippmann customers remain patient as we work through the integration of the two companies, including having the right inventory mix. We expect there may be some bumps in the road, but we’ll do our best to maintain the highest level of customer service and also keep everyone informed along the way.”

source Tippmann.com

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