As we announced last March, Padi has been sold to a consortium of investors for 700 million dollars. Since the news flooded the social media there had been no statement from the Dive Organisation. Finally, on 16 May, PADI CEO Drew Richardson released the...
Previously (read our previous Buoyancy Sessions) you have learnt how to be proper weighted and to perform a perfect descent. Once at the bottom, it is time to decide in which position you will dive. That “small” decision is more important than what it may seem. Today...
Saturday 15th of April. “Sa Piqueta”, Mallorca (Spain). One of the largest caves systems in Europe.That Saturday, as usual, Francisco Gràcia, was surveying the cave. Suddenly Francisco realised that he had not enough air to reach the exit. He decided to wait in one...
The search for the secret of endless youth has been one of the biggest crusades amongst history. For centuries it tortured the souls of emperors, dictators, great thinkers and scientists. Nowadays, the question “Is there a source of eternal youth? ” seems close to be...
SOLD 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 organisation. This week has been reported that a chinese consortium...
