Monday, November 30, 2020

MARES Buys rEvo Rebreathers

-

Looks like rEvo Rebreathers is under new ownership.

Company founder Paul Raymaekers posted an open letter on the rEvo website recently,  announcing that Mares had bought the rebreather company:

“After more than 10 years of creating, developing and growing rEvo, and knowing that none of my children will or can continue this business, I realized already some time ago that the only way to keep rEvo going, and even stronger growing than now, was to look for a partner that had common interests. A strong partner, that was already in the diving business, and had the strength and will to take this work further.

It took months of talking, negotiating, working out synergies, but in the end it became clear that we found the correct ‘modus vivendi’.

As a result, last week the deal was signed and rEvo changed ownership: rEvo BVBA has been acquired for 100% by MARES, one of the world’s leading diving manufacturers.”

Under the new arrangement, Raymaekers will still manage rEvo over the next few years, while Mares will contribute its R&D expertise to make new products.

To read the full letter, go to the rEvo website at www.revo-rebreathers.com.

MARES Buys rEvo Rebreathers 3
John Lianghttps://www.deeperblue.com/
John Liang is the News Editor at DeeperBlue.com. He first got the diving bug while in High School in Cairo, Egypt, where he earned his PADI Open Water Diver certification in the Red Sea off the Sinai Peninsula. Since then, John has dived in a volcanic lake in Guatemala, among white-tipped sharks off the Pacific Coast of Costa Rica, and other places including a pool in Las Vegas helping to break the world record for the largest underwater press conference.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

CONNECT WITH US

304,433FansLike
70,959FollowersFollow
2,575FollowersFollow
21,376FollowersFollow
25,237FollowersFollow
1,234SubscribersSubscribe