Exit Options for John Hancock Bond and Corporate Finance Group: Hanover Communications In... - 28 Strategic Investors

View x

Montagu Private Equity buys scuba diving gear maker Aqua Lung

  • Region:

    France

  • Sector:

    Consumer Durables & Apparel

  • Deal Size:

  • Buy Side Company:

    Montagu Private Equity
  • Sell Side Company:

    Air Liquide
  • Target Company:

    Aqua Lung America, Inc

Montagu Private Equity has acquired Aqua Lung, a provider of scuba diving gear. from Air Liquide. No financial terms of the deal were disclosed. Air Liquide is focused on its Gas & Services activities following the Group’s acquisition of Airgas, as well as on the implementation of its company program NEOS for the 2016-2020 period. Founded in 1946, Aqua Lung is a historical expert in SCUBA diving and has expanded its offering to complementary areas such as swimming, aqua fitness and free diving. In 2015, Aqua Lung generated approximately 200 million euros in revenue. About Montagu Private Equity Montagu Private Equity is one of Europe’s leading private equity firms. Founded in 1968, Montagu can look back on more than 45 years’ experience in investing in more than 400 transactions. Montagu has a strong track record of supporting portfolio companies, dedicating significant resources to management teams as well as providing additional capital expenditure to fund further growth. Montagu also has considerable expertise helping businesses to accelerate their growth in their home markets as well as to internationalize and expand their customer base. The firm has assets under management of just over €5 billion.

Tags:

PE Deals,Private Equity Deals,Mergers & Acquisitions,M&A,Montagu Private Equity,Aqua Lung,scuba diving gear,Air Liquide