T-H Marine continues acquisition growth in parts and accessories business HUNTSVILLE, AL, August 11, 2022 – T-H Marine Supplies, LLC, a subsidiary of OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) announced today that OneWater has completed the previously announced acquisition of Ocean Bio-Chem, Inc. (NASDAQ: OCBI) (“OBCI”), a leading supplier and distributor of […]
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OneWater Marine Inc. announced results for its fiscal third quarter ended June 30, 2022. “The business is firing on all cylinders, significantly exceeding our expectations. We delivered record results in the fiscal third quarter, with revenues increasing 41% and Adjusted EBITDA rising 45%. Our performance was bolstered by strength across the business, diversity in our […]
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OneWater Marine Inc. has announced that it’s signed a definitive agreement to acquire Ocean Bio-Chem, Inc. (OBCI) a supplier and distributor of appearance, cleaning, and maintenance products for the marine industry and the automotive, powersports, recreational vehicles, and outdoor power equipment markets, for $13.08 per share, in an all-cash transaction valued at approximately $125 million. […]
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