Is Aqua Lung in financial trouble?
Aqualung Group has struggled financially since the completion of its acquisition by Barings in December 2023. Barings LLC acquired the company in December 2023. Aqualung’s relationship with the North American market began in 1950, starting with the distribution of the first on-demand regulator, the aqua-lung, a game-changer that “fueled the rise of recreational diving.