OneWater adds to board of directors

OneWater Marine Inc. has announced the appointment of Carmen Bauza to the Company’s Board of Directors as an additional independent director, effective as of March 1, 2023. This appointment will increase the size of the Board from eight to nine directors, seven of whom are independent. “We are excited to welcome Carmen Bauza to the […]

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Sunseeker Superhawk 55 Makes US Debut at Miami Boat Show

PHOTO COURTESY OF SUNSEEKER Sunseeker’s latest Superhawk 55 made its stateside debut taking center stage at the Miami International Boat Show along with a full line-up of luxury motor yachts from Sunseeker. Boasting intelligent design cues, striking design and unparalleled agility, the 55 delivers up to 38 knots courtesy of twin Volvo Penta IPS 950 […]

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OneWater Marine releases Q1 fiscal results

OneWater Marine Inc. has announced results for its fiscal first quarter ended December 31, 2022. “Our first quarter results came in largely as we anticipated as the industry experienced a return to more normalized seasonality, with revenue growing high-single digits, on top of a 57% increase in the prior year. Notably, our high margin service, […]

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OneWater chairman retires from board of directors

OneWater Marine Inc. has announced that Chairman of the Board, Mitchell W. Legler, will retire and not stand for re-election at the Company’s 2023 annual meeting of stockholders, in compliance with the Company’s director retirement policy that states directors not be nominated for a new term after reaching age 80. In-line with the Board’s succession […]

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Star Brite names new leadership team

Star brite has appointed Gregor Dornau as its new president following its acquisition by OneWater Marine/T-H Marine Supplies in August of this year. Since the close, Dornau has assembled a new leadership team from within the company, naming Erik Applegate as Executive Vice President; Eric Hahn, Senior Vice President of Sales; Derick Cote, Vice President […]

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OneWater releases Q4 results

OneWater has announced results for its fiscal fourth quarter and year ended September 30, 2022. Fiscal Year 2022 Highlights Record revenue increased 42% to $1.74 billion Same-store sales increased 12% Gross profit margin expanded 260 basis points to 31.7% Record Net income increased 31% to $153 million Net income per diluted share attributable to OneWater […]

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OneWater Marine, Sport Fishing Championship announce partnership

The Sport Fishing Championship (SFC) and OneWater Marine Inc. recently announced that they have signed a multi-year strategic partnership designed to fully integrate OneWater’s dealership network, online marketplace, products, and services into the SFC. OneWater will join the SFC as a “Corporate Champion” with both companies leveraging SFC’s enterprise-wide assets including on-site tournament activation, signage, […]

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OneWater to acquire Harbor View Marine

OneWater Marine Inc. announced that it has signed a definitive agreement to acquire Harbor View Marine, one of the Gulf Coast’s largest locally owned dealerships. The acquisition will further expand the Company’s footprint on the Gulf Coast and is expected to enhance new and pre-owned boat sales, finance, and parts and services offerings. The transaction […]

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OneWater acquires Taylor Marine Centers

OneWater Marine Inc. has announced that it has reached an agreement to acquire Taylor Marine Centers, which will further expand the Company’s presence in the Mid-Atlantic U.S. The transaction is expected to close in the next 90 days. “Taylor Marine Centers is another great addition to the OneWater family. This acquisition complements our recent acquisition […]

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OneWater Marine partners with Forza X1

OneWater Marine Inc. and Forza X1, Inc. announced that the companies have entered into a strategic partnership in which OneWater and Forza X1 will partner creating a distribution channel for Forza’s integrated electric sports boats. “The Forza team is on the cutting edge of next-generation marine technology with their portfolio of innovative electric boat models. […]

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OneWater appoints new board member

OneWater Marine Inc. announced the appointment of Steve Roy to the company’s board of directors as an additional independent director, effective as of August 12, 2022. This appointment will increase the size of the board from ten to eleven directors, nine of whom are independent. “We are thrilled to welcome Steve to the board of […]

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T-H Marine Acquires Ocean Bio-Chem

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 reports record Q3

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 acquires Ocean Bio-Chem, Inc.

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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