Paintball 2000 | Paintball-News Das Paintball Magazin

21. April 2004

K2 kauft WGP

Filed under: Allgemein — Florian @ 06:43

[img]../newsimages/szenenews2003/2004-04-19-BEWGP.jpg[/img]Heute gab K2 bekannt das Sie WGP, den Hersteller der Cocker, aufgekauft haben. Damit gesellt sich zu JT und Viewloader eine weitere traditionsreiche Firma in die K2 Company. For Immediate Release K2 Announces Acquisition of Worr Game Products and Innovative Products, Inc. Carlsbad, CA, April 20, 2004 – K2 Inc. (NYSE: KTO) today announced that in two separate transactions, it has acquired the assets of Worr Game Products and Innovative Products, Inc., both privately held companies based in Corona, California. Worr Game Products is a market leader in the manufacture of premium paintball markers incorporating its proprietary Autococker  technology. K2 anticipates that Worr Game Products will provide an expanded platform for further growth in the premium-priced marker segment. Innovative Products Inc. is a market leader in accessories for all terrain vehicles (“ATV”) including gun, bow, and luggage racks. ATV sales are growing in excess of 10% per year and now represent about 30% of all power sports sector. Innovative Products will integrate with K2’s Stearns Division. Bud Orr, President of Worr Game Products, said “We are excited about being a K2 Inc. Company and very enthusiastic about the role we will play in their future paintball growth strategy.”

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