Who is the new owner of Aqualung?
HEAD Group, a leading global sports equipment company, takes over the AQUALUNG … Aqualung Group was sold by Air Liquide to Montagu Private Equity by the end of 2016. It was acquired by Barings LLC in December 2023.The company was founded in 1974 by Ken Ainscough and Eric Partington, with its name being an anagram of their initials. In 1997, the company was acquired by the Aqualung Group, which at the time was called Aqua Lung International.After months of talks and rumors, it was publicly confirmed on the 26th of June that HEAD group would acquire the Aqualung group. The decision was announced by the Commercial Court of Nice, following a bid for the company, which was placed under insolvency administration since May 16, 2025.The company was founded in 1974 by Ken Ainscough and Eric Partington, with its name being an anagram of their initials. In 1997, the company was acquired by the Aqualung Group, which at the time was called Aqua Lung International.The Aqualung Group – owner of Aqualung, Apeks and Aquasphere – has announced it is in takeover talks with HEAD Group – the owner of Mares – just over a year after the company was acquired by Barings.
Is Aqualung still in business?
Aqualung Group was sold by Air Liquide to Montagu Private Equity by the end of 2016. It was acquired by Barings LLC in December 2023. After U. S. Divers Company was renamed Aqualung America, the name U. S. Divers was retained as a trademark for Aqua Lung’s line of snorkelling equipment. HEAD Acquires Aqualung: Big Changes in the Dive Industry.