Company founded by Cousteau taken over by Austrian concern
The Commercial Court of Nice was considering two applications concerning the takeover of the Aqualung company, which produces and services specialist diving equipment.
The bids were submitted by Austrian sports equipment manufacturer Austrian Head Group and former Rossignol director Bruno Cercley, along with Asian partners.
By the judges' decision, the Austrians acquired the rights to the name, trademark, technological solutions and service agreements that were in the Aqualung portfolio.
Aqualung was founded over 60 years ago by the French marine life explorer Jacques-Yves Cousteau and engineer Emile Gagnan. Years later, the company was taken over by the American investment fund Barings, which itself has run into serious trouble and is now bankrupt.
Aqualung is a world leader in the production of diving equipment for lovers of underwater adventures, but also for the needs of the military, special units and police services.
As announced, the company's headquarters will remain in France, on the Côte d'Azur, and other functions will be centralized within the Head group .
Journalist, graduate of political science at the Faculty of Law and Administration of the Jagiellonian University. Associated with the media for over 40 years. After graduating in 1982, he worked in the editorial offices of "Gazeta Krakowska" and "Kurier Polski". Member of the editorial team of "Przegląd Techniczny". He published texts in "Student", "Przekrój", "Życie Literackie". Since the economic and political changes, for over 20 years associated with the Reuters agency as a correspondent in Krakow. For the next three years, he conducted practical classes with students at the Institute of Journalism, Media and Social Communication of the Jagiellonian University. Since December 2021, he has joined the PTWP Group and works on the WNP.PL portal. His main professional interests are economics and politics at the global level and the participation of Polish business in this, especially companies listed on the Warsaw Stock Exchange. Winner of the "Ostrego Pióra" award, granted for "spreading economic education" by the BCC, as well as the Golden Pear - a journalistic award of the Małopolska Branch of the Association of Journalists of the Republic of Poland.
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