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Stohlquist Acquired By Sport Dimension Inc.

Glenn MacGrady

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"Back in December, Stohlquist’s parent company, Aqualung Group, was acquired by the investment banking firm, Barings. Soon after, it was announced Stohlquist would cease operations, as Aqualung would no longer be pursuing sporting goods within North America. Stohqulist had been manufacturing paddlesports equipment—most notably PFDs—for 46 years. Word at the time was that there were several parties interested in purchasing Stohlquist, but it was unclear what Barings and Aqualung’s plans for the brand were going forward."

 
Ugh. Seriously, what good do investment firms ever do? They only ever tear down what someone else built. 😒
 
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