Saturday, April 13, 2024

Submersible Systems, Inc. Acquired By Brownie’s Marine Group

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Brownie’s Marine Group has announced that it has completed the takeover of Huntington Beach, California-based Submersible Systems.

The move brings together a leading manufacturer and distributor of tankless dive equipment (Brownie’s) with a leading manufacturer of lifesaving breathing apparatus.

If you’re wondering where you heard the name Submersible Systems before, they’re the manufacturers of the Spare Air redundant air system.

Commenting on the acquisition, Chris Constable, the CEO of Brownie’s Marine Group, said:

“We are excited to partner with the management team of Submersible Systems, which has a long history of providing lifesaving equipment and is the perfect addition to our portfolio of companies. This is the first acquisition we have made since we began a strategic initiative to find companies that have unique technologies and manufacturing know-how in the industrial and recreational aquatic industries, and is the perfect size for a first transaction. Submersible Systems has a strong balance sheet and they have excess capacity that will provide a warehousing or production advantage on the west coast.”

While Christeen Buban, the CEO of Submersible Systems, said:

“The entire Submersible Systems team is excited about the merger with Brownies Marine Group. We look forward to creating synergy between our brands, and the opportunity to expand Spare Air’s reach to even more divers worldwide.”

Sam Helmy
Sam Helmyhttps://www.deeperblue.com
Sam Helmy is a TDI/SDI Instructor Trainer, and PADI Staff and Trimix Instructor. Diving for 28 years, a dive pro for 14, I have traveled extensively chasing my passion for diving. I am passionate about everything diving, with a keen interest in exploration, Sharks and big stuff, Photography and Decompression theory. Diving is definitely the one and only passion that has stayed with me my whole life! Sam is a Staff Writer for DeeperBlue.com

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