DIVE MAGAZINE

by Scuba Legends
All PostsScuba Legends

Dive Industry

Hollis and Oceanic Sold

This year is definitely the year of changes in the diving industry. First was the acquisition of Aqualung , and then the never-ending soap opera of the PADI sell. Now, Huish Outdoors, LLC  acquires Oceanic and Hollis brands from American Underwater Products (“AUP”)....
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The PADI statement about its sell

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...
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PADI Sold For 700 Million Dollars

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...
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Good News – Sharkwater 2 Will Be Completed

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...
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