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.”