Barings set to acquire Aqualung Group

Aqualung
Aqualung

Barings, one of the world's leading investment managers, has entered into exclusive discussions to acquire 100% of the Aqualung Group

All key stakeholders, including Barings as shareholder, as well as the lenders of the Aqualung Group, have officially endorsed a binding agreement that outlines this significant capital evolution.

Also read: HEAD looks set to buy Aqualung

This transaction will enable Aqualung to bolster its ongoing transformation initiated in 2023 after the appointment of a new management team, led by Bruno Cercley, and the launch of the ambitious ‘Horizon 2027' plan. 

Barings has already established a strong working relationship and possesses extensive knowledge of Aqualung as part of the lender group that has been providing financial support to the company since its acquisition by Montagu, the private equity firm, six years ago.

Also read: Aqualung confirms HEAD friendly-takeover talks

Benjamin Gillet, Managing Director Global Private Finance at Barings, commented: “We are delighted to continue our longstanding partnership with Aqualung, a global historical leader in its markets, renowned for its strong brands and diverse range of technical products, through this new and major role. We have full confidence in the Group's capabilities and are committed to reinforcing our operations together, injecting a fresh impetus into sales. We have full trust in the management as they have demonstrated decisive expertise and unwavering dedication. With this shared vision and collaborative approach, we look forward to achieving new milestones and driving further success”. 

Bruno Cercley, President and CEO of Aqualung Group, said: “After six years of consistent support from Montagu as the company's shareholder since the takeover from Air Liquide in 2016, the Aqualung Group is entering a new era focused on accelerating its development with a shareholder that possesses deep knowledge of the company. I am thrilled that we have taken this initial step and excited to lead the continuous improvement plans we have implemented and coordinated for over ten months in this new environment.” 

The anticipated closing of the acquisition is scheduled for the autumn of 2023 following receipt of customary regulatory clearances. 

The transaction amount remains undisclosed. 

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YouTube Video UEw2X2VCMS1KYWdWbXFQSGV1YW84WVRHb2pFNkl3WlRSZS43RkJGOTAwRDhCOEQ1RjIy

Is This The Best Dive Center Ever? W\@wakatobidiveresort

@sennacher 
#askmark Hi there, regarding DSMBs. I’m no expert whatsoever and normally I deploy it correctly. This weekend we dove on very strong current and I almost lose my breath while deploying it (mouth inflate) as it tangled a bit on my reg. It scared the sh&t out of me so. Is there any “little cylinder” kind of thing in order to keep my reg in my mouth to deploy it safer?  I haven’t tried to do it with my LPI… but asume it would tangle also.
Thanks
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#askmark Hi there, regarding DSMBs. I’m no expert whatsoever and normally I deploy it correctly. This weekend we dove on very strong current and I almost lose my breath while deploying it (mouth inflate) as it tangled a bit on my reg. It scared the sh&t out of me so. Is there any “little cylinder” kind of thing in order to keep my reg in my mouth to deploy it safer? I haven’t tried to do it with my LPI… but asume it would tangle also.
Thanks
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Is There an Easier Way to Deploy a dSMB?

How Twinset Valves Work In Scuba Diving | Shutdown Drills And Isolator Tips Explained #scubadiving #askmark #twinset

Confused about how to use twinset valves or perform a proper valve shutdown drill? You’re not alone.

In this AskMark episode, Mark explains how valves work on twin cylinders, including how to safely open and close them, how isolator valves function, and why valve drills (also known as shutdown drills or V-Drills) are critical for diagnosing leaks during technical and recreational dives. Please visit our website for more Scuba news, underwater photography, hints & advice, and travel reports: https://divernet.com/ 

Mark also shares tips on muscle memory for reaching your left and right posts, isolator-first vs isolator-last logic, and how to prevent over-tightening or unsafe valve positioning. This guide is perfect for divers transitioning to twinsets, sidemount divers curious about manifold setups, or anyone wanting to improve their gas management skills. 

Let us know in the comments how your instructor taught valve drills and don’t forget to leave your questions using #AskMark to get featured in a future video. 

@mostafametwally1

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=================================

Disclaimer: The information in this video is not intended nor implied to be a substitute for professional SCUBA Training. This video's content, including text, graphics, images, and information, is for general information purposes only and does not replace training from a qualified Dive Instructor.

🔎 Related Phrases:

How Twinset Valves Work In Scuba Diving, Shutdown Drills And Isolator Tips Explained, How Twinset Valves Work In Diving, Scuba Valve Drill Tutorial, Shutdown Drill For Twin Cylinders, How To Use Twinset Isolator Valve, Twinset Manifold Explained, Best Way To Close Dive Valves, V-Drill For Scuba Divers, Twin Cylinder Gas Management Tips, Scuba Regulator Shutdown Steps, How To Practice Twinset Valve Drills, Muscle Memory For Valve Shutdowns

#scubadiving #askmark #twinset #scubavalves #shutdownskills #divingsafety #scubatraining #scubatech #divetips #manifoldvalve #valvedrill #scubagear #divingtechniques #scubacommunity #technicaldiving

How Do Valves Work on Twin Cylinders? #askmark
@mostafametwally1
#askmark hi Mark. Could you do a video on how to deal with the valves and manifold on twin cylinders. It’s confusing to remember which way to open the valves and it’s easy to get wrong particularly in emergencies. Thanks
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How Twinset Valves Work In Scuba Diving | Shutdown Drills And Isolator Tips Explained

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