K2 bought out...

[p8ntball72]

K2 was acquired in August 2007 by Jarden Corporation, a New York Stock Exchange-listed consumer products company based in Rye, N.Y., that owns popular brands such as Sunbeam, Coleman and Mr. Coffee.


http://www.jarden.com/phoenix.zhtml?c=72395&p=irol-newsArticle&ID=1038828&highlight=


Thoughts?

[BlueDragonX]

K2 eats WGP, Coleman eats K2. It's like fishes in a tank.

They're not owned by a paintball company anymore...it's camping and cheap household products. Strange. I really don't see where this is going to take them.

[punkncat]

I see more cheap disposable crap like all the appliances available nowdays.

Im two words "cookie cutter"

[MedicDVG]

Hmmm.. more capital.. looking for more 'sports equipment' markets perhaps?

I wonder who is next in the food chain..

[RogueFactor]

What will be interesting to me is, with Jardin being a publicly traded company, how they plan to re-shuffle their brands into groups so its not so obvious that the paintball industry is sucking so bad right now.

Hopefully, if they dont warp the numbers too much, it will give us some insight into how the industry is doing overall.

[p8ntball72]

when these large companies buy each other out do all product lines suffer in quality?

I would think that now the smaller companies would have greater resources to upgrade the product line.

[p8ntball72]

What will be interesting to me is, with Jardin being a publicly traded company, how they plan to re-shuffle their brands into groups so its not so obvious that the paintball industry is sucking so bad right now.

Hopefully, if they dont warp the numbers too much, it will give us some insight into how the industry is doing overall.


Jarden is a spin off of a spin off, Id imagine that they will lump sporting goods together... spin off and sell for max profits.

Looking at the stock history, Its down from when they bought K2... almost half of what was prior.

http://www.jarden.com/phoenix.zhtml?c=72395&p=irol-stockchart

[CHRONOBREAK]

buy buy buy !

[druid]

well wait a minute.....paintballs are edible right? Soooo...coffee flavored Marbs doesn't sound too bad!!!

[Anjin3515]

I want a Mr.Coffee marker! You can set it at night and it will fire for you come morning....

[tymcneer]

Hmmm... Small home appliances and paintball... Maybe Jardin/Sunbeam can create the Mr Paintball, home paintball production machine. The advertising campaing would look like this:

Just add all the ingredients the night before, and wake up to fresh made paint! Fresh paint shoots better, farther, more accurately!

:p

Ty

[bryceeden]

Truthfully, I bet they got K2 for thier other sporting goods and don't really care about paintball. JT is a very very very very very small fraction of K2.

[p8ntball72]

K2 also owned Brass eagle and WORR games, at the time they were acquired were industry giants.

04. 23. 04
Mr. Bud Orr would like to address the public concerning the recent merger with K2 Inc. Bud -
"I would just like to say that now with the recent support and resources of K2 Sports we will continue to produce the highest quality paintball products on the market. I understand that alot of you are concerned with what might change here at Worr Games... Let me assure you that i am still the president and it will be business as usual. What our aquisition by K2 has enabled us to do is bring WGP to the next level... with the added support we will be able to produce the same high quality product, and with the resources that K2 has provided we will be able to bring a lot of new and exciting products to the paintball world. As far as my position and the rest of the Worr Games staff, there will be no changes... If anything we can now get some of our department the added quality and customer support we are known for. So in so many words... it just gets better from here. Thank you for all you support... You, the players, are what makes paintball great.

worr games has steadily dropped Sales and Quality since the buy out, along with JT/Brass eagle for that matter.

These buy out were supposed to breath new life and revenue into paintball, and all I have seen is destruction of once quality products and narrowing of the after market industry.

Thank god Tom never sold out.

[txaggie08]

I'm afraid worr may literally be down for the count now. The introduction of that new ....thing....that looks to be vaguely SLG'ish pretty well sealed that deal I'm afraid.

I look for them to make it another 2-3 years and either die off, or be sold to someone(which would be the best bet).

The sad part is, They could probably produce a nice non-cocker based marker and sell them on name brand alone, but it would take a smaller compnay mentality with a bigger company to back **'s lawyers down...

[Mechanic79]

Jarden Corporation is a leading provider of niche consumer products used in and around the home. Jarden operates in three primary business segments through a number of well recognized brands, including: Branded Consumables: Ball(R), Bee(R), Bicycle(R), Crawford(R), Diamond(R), Dicon(R), First Alert(R), Forster(R), Hoyle(R), Java Log(R), Kerr(R), Lehigh(R), Leslie- Locke(R), Loew-Cornell(R) and Pine Mountain(R); Consumer Solutions: Bionaire(R), Crock-Pot(R), FoodSaver(R), Harmony(R), Health o meter(R), Holmes(R), Mr. Coffee(R), Oster(R), Patton(R), Rival(R), Seal-a-Meal(R), Sunbeam(R), VillaWare(R) and White Mountain(TM); and Outdoor Solutions: Abu Garcia(R), Berkley(R), Campingaz(R), Coleman(R), Fenwick(R), Gulp(R), JT(R), K2(R), Marker(R), Marmot(R), Mitchell(R), Penn(R), Rawlings(R), Shakespeare(R), Sevylor(R), Stearns(R), Stren(R), Trilene(R) and Volkl(R). Headquartered in Rye, N.Y., Jarden has over 25,000 employees worldwide. For more information, please visit www.jarden.com.

[p8ntball72]

From a business stand point I can see wanting to sell out to a large company if you are no longer interested in paintball.

But from the history of these sell outs, Players have defiantly got the stink end of the stick in regards to quality products.

What will long term players do for quality gear when ALL paintball companies sell out?

[CHRONOBREAK]

they dont need 3 paintball compaines

my guess is theyd move it all under the best selling...JT.

...

worr is dragging along and still has a small following but not loyal like it has been, if and when sales drop off i think this will be the first to go

BE is nice for the wal-mart budjet gear

i guess BE and wgp arent on the list since they are under JT?

i remember when a consulting firm came to our field and asked us what we thought about BE and reliability, i wish i had a copy of my face cringing when they asked me that though i gave the nicest responce i could and was leary of how honest they really wanted me to be

[RogueFactor]

worr is dragging along and still has a small following but not loyal like it has been, if and when sales drop off i think this will be the first to go

BE is nice for the wal-mart budjet gear

i guess BE and wgp arent on the list since they are under JT?

Worr used to be a premier line. I was really surprised when they made it a low-end marker. That really took it and put it in the ****ter. And from what I heard from sources of mine at WGP, Bud was not at all pleased with the direction they took his brand.

[CHRONOBREAK]

Worr used to be a premier line. I was really surprised when they made it a low-end marker. That really took put it in the ****ter. And from what I heard from sources of mine at WGP, Bud was not at all pleased with the direction they took his brand.

yeah

from my point of view it seems they are NOT differeentiating the brands JT(high end goggles and accesories) enough from WGP(mid to high end markers,tanks,etc) and BE(entry level budjet crap)

they are trying to cover the entire spectrum with each line which will be the death of them all

just my:twocents::twocents::twocents:

[warbeak2099]

If WGP got any crappier, they'd make a gun that looks like a cordless drill. Oh wait, Tippmann already did that...:nana:

[GT]

Jarden is a spin off of a spin off, Id imagine that they will lump sporting goods together... spin off and sell for max profits.

Looking at the stock history, Its down from when they bought K2... almost half of what was prior.

http://www.jarden.com/phoenix.zhtml?c=72395&p=irol-stockchart

http://finance.google.com/finance?client=ob&q=JAH

click the 5 year. they have nearly quadrupled. if look over the past year they have repurchased a good portion of their common stock.

What will be interesting to me is, with Jardin being a publicly traded company, how they plan to re-shuffle their brands into groups so its not so obvious that the paintball industry is sucking so bad right now.

Lets order their annual report for next year. They can only hide so much and one can easily read behind the lines post acquisition. My bet is that they will separate the brands into markers and accessories.

[RogueFactor]

Lets order their annual report for next year. They can only hide so much and one can easily read behind the lines post acquisition. My bet is that they will separate the brands into markers and accessories.
Are you laying down some of that MBA-expensive-brain of yours on us:nana:

As I recall, K2(pre-Jardin) originally put paintball into team sports. Then reshuffled it to Extreme Sports. Or maybe it was vice versa.

[GT]

Are you laying down some of that MBA-expensive-brain of yours on us:nana:

As I recall, K2(pre-Jardin) originally put paintball into team sports. Then reshuffled it to Extreme Sports. Or maybe it was vice versa.


scheeeeeeeeettttttt,

I'm not the one with my own pb company or using xmags for fertilizer. I need to be in whatever program you guys are on. :cheers:

[Mechanic79]

If WGP got any crappier, they'd make a gun that looks like a cordless drill. Oh wait, Tippmann already did that...:nana:


Martha Stewart needs to jump in here soon. I'm sure she could make great paintball products......
:wthumpup:

[tymcneer]

BigEvil... Calling BigEvil... We need a vomit smilie! I just puked my guts out, as the Martha Stewart line of paintball products makes me seriously ill!

Color coordinated and all... let me guess, you can't wear white jerseys after labor day (or what the **** ever the "rules" are regarding that kinda crap!)

Ty