Head Group Takes Over Aqualung
In a significant move, Head Group has acquired Aqualung Group, securing the future of the renowned scuba diving company. This acquisition comes as a lifeline, rescuing Aqualung from the brink of receivership. The deal includes a comprehensive 50 million euro restructuring plan aimed at revitalizing the brand, preserving jobs, and expanding business operations.
Through this strategic acquisition, Head Group aims to leverage its resources and expertise to enhance Aqualung’s market presence. The restructuring plan is poised to not only stabilize the company but also drive growth in the scuba diving sector. With this acquisition, Head Group demonstrates its commitment to expanding its portfolio and supporting the diving community.
