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Aqualung Group has announced that two of its French entities have entered into redressement judiciaire, a legal reorganization process under French law designed to enable companies to continue operations while restructuring. This step, initiated last week, is part of a broader effort by the company to stabilize operations and transition to new ownership.

The group emphasized that this is not a liquidation process (liquidation judiciaire), but a court-managed effort aimed at securing long-term viability and continuity.

“All entities within the Aqualung Group, including those currently under reorganization, continue to operate and serve customers,” the company said in a statement. “While we temporarily face some cash flow challenges, our teams remain fully mobilized to minimize disruptions.”

Aqualung assured stakeholders that it remains committed to transparency and will provide updates as the legal process progresses, particularly in regard to timing and future developments.

The company thanked customers and partners for their continued trust and support during this transitional period.

Aqualung Group, a long-standing name in the dive and watersports equipment industry, is working toward a resolution that will allow it to emerge from the reorganization with a more stable foundation under new ownership.