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The name of the buyer of Aqualung, the world leader in scuba diving based in Sophia Antipolis, is known.

The name of the buyer of Aqualung, the world leader in scuba diving based in Sophia Antipolis, is known.

There were two buyers in the running : the Austrian group Head – specializing in winter sports and tennis rackets, which announced last March that it had entered into exclusive negotiations with the French Riviera-based Aqualung – and the former CEO of the Rossignol Group, Bruno Cercley, backed by ODE Sports, a major player in Asia. This second offer was not announced until June 18 .

As a reminder, Aqualung, founded in 1943 by Jacques-Yves Cousteau and engineer Emile Gagnan, is at the origin of modern diving. The group, in receivership, has its headquarters in Sophia Antipolis and a factory in Carros. Acquired in 2023 by the American investment company Barings, "the water lung" has generated revenue of nearly €100 million and employs some 500 people (including 200 on the French Riviera) worldwide.

Var-Matin

Var-Matin

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