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OneWater Marine Inc. Signs Definitive Agreement to Acquire Ocean Bio-Chem, Inc.

OneWater Marine Inc. Signs Definitive Agreement to Acquire Ocean Bio-Chem, Inc. Background Image

Vinson & Elkins served as legal counsel in connection with OneWater Marine Inc.’s proposed acquisition of Ocean Bio-Chem, Inc. for $13.08 per share, in an all-cash transaction valued at approximately $125 million.

As part of the transaction, OneWater will also acquire OBCI’s affiliate, Star Brite Europe, Inc.

The V&E team was led by partners Steve Gill and Katherine Frank and senior associate David Bumgardner, with assistance from senior associate Lucy Liu and associates Anne Jensen and Judy Park.

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