OneWater Marine to acquire Ocean Bio-Chem for $125m

OneWater Marine to acquire Ocean Bio-Chem for $125m

OneWater Marine, an American marine retailer, has agreed to acquire Florida-based Ocean Bio-Chem (OBCI) in an all-cash deal valued at around $125 million. Shareholders of the publicly-listed Ocean Bio-Chem will be offered $13.08 per share. Ocean Bio-Chem supplies and distributes appearance, cleaning, and maintenance products for the marine sector and the automotive, recreational vehicles, powersports, […]