The founders of Water Proof Diving International AB divests 93 % of the shares to Lagercrantz

Mannheimer Swartling has assisted the owners of Water Proof Diving International AB in connection with the divestment of 93 % of the shares in the company to Lagercrantz Group AB.

Water Proof Diving International is a leading provider of advanced dry- and wetsuits to professional divers with high demands on their equipment and the company’s customers include among others military and rescue personnel.

Sales occur via distributors in large parts of the world. The company is based in Partille, Sweden and generates annual revenue of around MSEK 90.


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