HEAD Group Acquires Aqualung in Major Diving Industry Shake-Up
The announcement follows a ruling by the Commercial Court of Nice on 26 June, granting HEAD ownership of the embattled company through a formal receivership process.
HEAD’s offer includes an EU€50 million rescue package to stabilise Aqualung’s operations and secure the company’s long-term future. The plan will see a restructuring of Aqualung’s business platform, retaining and expanding production facilities in France, the United Kingdom and Mexico and safeguarding hundreds of jobs.
