Essex-based tackle company Fox has bought Spomb.
The announcement was made this afternoon with Fox promising to maintain and grow the brand while continuing to make Spombs in the UK.
The two companies have previously collaborated over the Fox Impact Spod, which was licensed from Spomb.
The original Spomb, invented by Bryan and Judith Houghton, has become the default bait rocket for most carp anglers since it was launched in 2010.
The founding pair will remain as consultants as part of the takeover.
Shaun McSpadden, Fox’s product development director, said: “This is an excellent addition to the Fox portfolio.
“Fox and Spomb share the same values of innovation, quality service and brand strength so it is a perfect fit for us.
“I am delighted that Bryan will also serve as a consultant to my team to work on other exciting new designs and products in the future.”
Spomb’s Judith Houghton said: “We are delighted that the Spomb brand and range of products are going to a good home.
“We look forward to helping in the seamless integration of these businesses along with the prospect of helping Fox deliver new Spomb inventions and ideas in the future.”
Spomb had previously been involved in legal action against the Dot Spod, which is now distributed in the UK by Nash.
Asked whether this buyout changes things, Fox's media man Lewis Porter told Carpfeed: "Fox and Spomb will continue to protect their IP [intellectual property] as they always have done in the past."