Quote:
Originally Posted by Matt 'Maverick' Watts
Tippmann was sold by Dennis SR. to Summit... bought back by Dennis JR. as of June 1 2013.. merged with GI sportz as of Jan 1 2014. It was initially sold as Summit paid $145 million for it. I'd sell too for that much money. Dennis Jr. stayed on, then as just stated, took controlling interest back.
The merger made sense. Tippmann missed out on the purchase of Draxxus and needed to be a one stop shop, like Kee and Valken were.
Spyders and GoG may be used at the odd field, but the 98C worldwide is the largest selling paintball marker and the most used rental marker.
Tippmann's original line up included sewing machines and replica .22 cal machineguns. The business has branched a lot since then. 1986 saw Tippmann enter paintball from their replica gun side and they have grown ever since.
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Tippmann may the be most popular low end blow-back potmetal rental marker in the world, but that is where they are king.
Tippmann can not touch the tourney sector against DYE, Empire, MacDev, Bob Long and PE which had much better engineered CNC'd markers.
The GI Sportz thing was a take over... "Acquires". It did not say "Merger" or "Partnership".
http://paintball.tippmann.com/blog/b...ippmann-Sports
Even Jr. says "Richmond purchased Tippmann" in the video.
I do wish them well being USA made. And maybe they will do well in the airsoft industry.