Air Liquide Completes the Sale of Aqua Lung to Montagu Private Equity

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Air Liquide announced today that it has completed the sale of Aqua Lung, a key player in personal aquatic equipment for recreational and professional use, to Montagu Private Equity, a leading European private equity firm. Montagu will support Aqua Lung’s next phase of growth and enable the company to deliver on its strategy.

Air Liquide is focused on its Gas & Services activities following the Group’s acquisition of Airgas, as well as on the implementation of its company program NEOS for the 2016-2020 period.

The terms of the transaction have not been disclosed.