I think it best to put the record a little straighter here, JT Europe have not actually been sold to anybody, JT Europe did however cease to trade on December 31st 2009 and now, no longer exists.
CyberGun have actually purchased the right to sell and distribute JT branded products throughout Europe tho I think the man reason they have acquired these rights is to create a sales portal for their own products into the paintball market.
Basically, I think we will see CyberGun begin to manufacture their own range of paintball equipment and brand them JT as part of an expanded market program for their company.
I think the JT employees will be OK for the time being with Maxx and CyberGun hoovering up their respective talents.
Come to think of it, I wouldn't be surprised if we saw a phoenix company arise from the ashes of the old JT Europe with Mannfred steering that new company into Europe's new 'leaner and meaner' era of operation.
Mannfred is fast becoming Europe's paintball behemoth which can be good or it can be bad dependent upon the man himself; those who have had experience with him will make make their own minds up concerning this aspect.
From what I know, these [European] negotiations were protracted and as part of this somewhat painful process, Mannfred managed to squeeze himself a reported $1 million plus payoff along with the direct and unrestricted access to JT's line of products until end of 2012.
If ever I end up getting divorced [god forbid, the ensuing stampede of women across the globe trying to get a piece of my ass would be too much for my conscience to bear] then I want Mannfred as my lawyer.