Aqualung, Apeks sold to Barings
The Aqualung business was established in 1943 after Jacques-Yves Cousteau and Émile Gagnan created the "Aqua-Lung." The business also owns the brands Apeks, Omer, Aquasphere, Stohlquist, and US Divers.
One of the top investment management firms in the world, Barings, is in exclusive talks to purchase 100 percent of the Aqualung Group. Barings is most known to the general public for the 1995 collapse of Barings Bank.