Horizon Hobby, LLC is a private company based in Champaign, Illinois that specializes in the design and manufacture of radio-controlled aircraft, cars, boats, and helicopters. The company was founded in 1985 by Mike Quinlan and is now run by his son, Dan. Horizon Hobby has over 1,000 employees and sells its products in more than 70 countries.
The company’s products are sold under a variety of brand names, including Blade, E-flite, HobbyZone, ParkZone, and Spektrum. Horizon Hobby also owns the brands ElectriFly, Futaba, Great Planes, and Thunder Tiger.
In December 2017, Horizon Hobby was acquired by the investment firm KKR for $1.2 billion.
What brands are owned by Horizon Hobby?
Horizon Hobby is a company that specializes in hobby products. Some of the brands that they own include Traxxas, Blade, and ParkZone. Traxxas is a brand that is known for making RC cars and trucks. Blade is a brand that is known for making drones and ParkZone is a brand that is known for making RC planes.
Does Horizon Hobby own associated?
Does Horizon Hobby own associated?
There is no simple answer to this question, as it depends on the specific case in question. Generally, however, it is safe to say that Horizon Hobby does not own all of the companies associated with it.
For example, Horizon Hobby does not own Horizon Air, even though the two companies share a name. Instead, Horizon Air is owned by Alaska Air Group. Similarly, Horizon Hobby does not own Traxxas, even though the two companies have collaborated on products in the past.
That said, there are a few cases where Horizon Hobby does actually own a company associated with it. For instance, Horizon Hobby owns the company E-flite, which produces RC aircraft. It is also worth noting that Horizon Hobby has a majority ownership stake in the company Aquacraft, which makes RC boats.
Overall, it is fair to say that Horizon Hobby does not own all of the companies associated with it, but there are a few exceptions.
Does Horizon Hobby own Tower Hobbies?
Tower Hobbies is a retailer of radio control models and accessories. Horizon Hobby is a manufacturer of radio control models and accessories. There is no definitive answer to the question of whether or not Horizon Hobby owns Tower Hobbies, as the two companies have a complex history involving a number of different business deals and partnerships.
The two companies first came into contact with each other in the early 1970s, when Horizon Hobby’s predecessor company, Midwest Products, began supplying Tower Hobbies with radio control models. In the late 1980s, Horizon Hobby acquired Tower Hobbies, and the two companies have been closely linked ever since. However, the two companies are technically separate entities, and Horizon Hobby does not own Tower Hobbies outright.
In 2001, Tower Hobbies was sold to investment company H.I.G. Capital. In 2006, Horizon Hobby re-acquired Tower Hobbies, and the two companies have been closely affiliated since then. However, Tower Hobbies is still technically a separate company, and Horizon Hobby does not own it outright.
So, the answer to the question of whether or not Horizon Hobby owns Tower Hobbies is…it’s complicated. The two companies have a long and complicated history, and they have been closely affiliated at various points, but Horizon Hobby does not own Tower Hobbies outright.
Does Horizon Hobby own Proline?
In the world of RC racing, Horizon Hobby is a giant. They are the biggest manufacturer of RC cars and products in the world. But does that mean they own Proline Racing?
The answer to that question is no, Horizon Hobby does not own Proline Racing. Proline Racing is a separate company that manufactures aftermarket parts and accessories for RC cars. They are a major player in the industry, and their products are used by racers all over the world.
So why does Horizon Hobby carry Proline Racing products?
There are a few reasons. First of all, Proline Racing is a quality company with a great reputation. They make high-quality products that racers trust. Horizon Hobby wants to provide their customers with the best possible products, and Proline Racing is a key part of that.
Second, Proline Racing is a major player in the RC industry. They have a large customer base, and their products are popular worldwide. This gives Horizon Hobby a chance to reach new customers and expand their business.
Ultimately, Horizon Hobby carries Proline Racing products because they are a quality company with a great reputation, and because they offer products that appeal to a wide audience. If you’re looking for aftermarket parts and accessories for your RC car, then Proline Racing is a great option.
Is Horizon Hobby reputable?
Is Horizon Hobby a reputable company? This is a question that has been asked by many consumers in the past. There are many different opinions on the subject, but the answer is not always clear.
Horizon Hobby is a company that is known for selling remote control cars, drones, and other hobby products. The company has been in business since 1985 and has a good reputation for providing quality products. However, there have been some complaints about Horizon Hobby in the past.
In 2016, the company was sued by a customer who claimed that a drone he purchased from Horizon Hobby exploded and caused severe injuries. The customer alleged that the drone was defective and that Horizon Hobby was aware of the problem but failed to recall the product. The case was eventually settled out of court.
There have also been complaints about the quality of Horizon Hobby’s products in the past. For example, in 2017, a customer complained that a drone he purchased from the company crashed within minutes of being flown.
Despite these complaints, Horizon Hobby is generally considered to be a reputable company. The company has a good reputation for selling quality products and has been in business for over 30 years. Additionally, Horizon Hobby has a history of responding to complaints and resolving them promptly.
What is the best brand for RC?
When it comes to Remote Control cars, there are a lot of different factors to consider. Price, speed, durability, and brand are all important considerations when purchasing an RC car.
When it comes to brand, there are a lot of different manufacturers to choose from. Some of the more popular brands include Traxxas, HPI Racing, and Team Associated. Each brand has its own strengths and weaknesses.
Traxxas is known for its high quality and durable cars. The cars are often more expensive than other brands, but they can take a lot of abuse.
HPI Racing is known for its high speed cars. If you are looking for a car that can reach high speeds, then HPI Racing is a good choice.
Team Associated is known for its wide variety of cars. If you are looking for something specific, such as an off-road car or a racing car, then Team Associated is a good choice.
Ultimately, the best brand for RC cars depends on your own needs and preferences. Do some research on the different brands and decide which one is right for you.
Who bought Losi?
On July 12, 2018, TLR Holdings LLC, the parent company of Losi, announced that Horizon Hobby had acquired TLR Holdings LLC. Horizon Hobby is a leading manufacturer and distributor of radio control (RC) products for enthusiasts of all ages.
The acquisition of Losi by Horizon Hobby is a strategic move by Horizon Hobby to expand its product offerings and grow its business. With the acquisition of Losi, Horizon Hobby now offers a full line of RC vehicles, from cars and trucks to boats and planes.
Losi has a long and successful history in the RC industry, and Horizon Hobby is excited to carry on that legacy and continue to develop innovative new products that appeal to RC enthusiasts of all ages.