PADI Sold For 700 Million
PADI Sold

PADI Sold For 700 Million Dollar As we were informing a few months ago, Providence Equity, previous owner of PADI, was seeking in cooperation with Deutsche Bank for investors that would be interested in acquiring the diving organization. This week has been reported that a chinese consortium called ‘Mandarinfish Holding’ has bought PADI for 700 million […]

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The Biggest Danger Of Scuba Diving
Scuba Legends, Scuba Diving, Ego, Hazards, Caution

Throughout my career I have been asked often: “which is the biggest danger of Scuba Diving?”. Curiously, one of the main reasons why people do not try diving is the illogical fear of sharks (check 15 scuba diving facts you most probably don’t know). Far from what my students expect, my answer to that question is very simple. […]

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Good News – Sharkwater 2 Will Be Completed
Sharkwater, Scuba Diving, Scuba Legends, Gran Canaria

On January 31st, the death of Rob Stewart shocked the world of diving. Any fatality underwater is a big loose, no exceptions. In this case the world not only lost a diver, but one of the strongest and most active shark defenders.  Released in 2006, the movie “Sharkwater” has been awarded more than 50 times and […]

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The South Seas – A Destination To Be Discovered
Scuba Legends, Gran Canaria, SCuba Diving

R.L. Stevenson once wrote about French Polynesia that it is a place hard to reach, a place hard to live but even harder to leave. For years, this stunning region of the South Pacific attracted countless ocean explorers, including perhaps the most famous, Captain Cook. Its numerous atolls and rich polynesian culture captivated the dreams of […]

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The Mediterranean Sea – A Forgotten Jewel
Scuba Legends, Mediterranean Sea

When one thinks about the best diving destinations, we almost always imagine tropical waters, white-sand beaches and vibrant colourful corals. But there is a place, a place full of history, where everything started. Here, lies one of the most biodiverse regions in the world. It features some of the longest cave systems among the most spectacular underwater […]

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“One Billion Dollar Baby” – PADI for Sale!

PADI for sale for 1 billion US-Dollar… BACKGROUND Providence Equity Partners (PEP) bought a major stake of the Professional Association of Diving Instructors (PADI) in 2015. As a first change, they reduced considerably the personnel in the PADI Headquarters. Since then, PADI concentrates big economical efforts to expand the company to Middle East Asia. NOWADAYS In the […]

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