Could HEAD Group Be On The Verge Of Buying Aqualung Soon?

HEAD Group is reportedly close to acquiring Aqualung Group, a major player in scuba diving equipment. Aqualung has faced financial challenges recently, beginning with a manufacturing shutdown at its Technisub facility in Italy. The company has been restructuring operations, which included layoffs and moving its US distribution to the East Coast. The acquisition could impact the scuba diving industry by consolidating key manufacturers under the HEAD Group brand.