Recochem Inc. Acquires Ocean Bio-Chem Holdings Inc. from OneWater Marine Inc.

OneWater Marine Inc. Acquires Ocean Bio-Chem, Inc.

August 9, 2022

Consumer Products

OneWater Marine Inc. completed the acquisition of Ocean Bio-Chem, Inc., a manufacturer and distributor of appearance, cleaning, and maintenance products sold under brands such as Star brite. The deal strengthens OneWater's parts and accessories business and supports its strategy to expand market share and diversify revenue streams in the marine parts and accessories market.

CapVest Acquires Recochem from H.I.G. Capital

November 6, 2023

Manufacturing

Funds managed by CapVest Partners LLP have acquired Recochem, a global manufacturer, marketer and distributor of aftermarket transportation and household fluids, from H.I.G. Capital, which will remain a minority investor. Recochem, headquartered in Montreal, Quebec, generates revenues in excess of $1 billion and CapVest plans to support further organic growth and M&A-driven expansion.

OneWater Marine Acquires Norfolk Marine

November 16, 2021

Retail

OneWater Marine Inc. has reached an agreement to acquire Norfolk Marine Inc., expanding OneWater’s presence in the Mid-Atlantic and establishing its first dealership in Virginia. Norfolk Marine is a third-generation, family-owned full-service boat dealer that generated over $20 million in sales in the prior twelve months and offers new and pre-owned boat sales, parts, finance and service; the deal was expected to close in Q4 2021.

CECO Environmental Acquires Compass Water Solutions

May 10, 2022

Environmental Services

CECO Environmental Corp. acquired Compass Water Solutions, a supplier of membrane-based industrial water and wastewater treatment systems, for a total purchase price of $12.5 million. The acquisition (completed May 2022) expands CECO's industrial water capabilities, adds a short-cycle revenue mix, and is expected to be accretive to EBITDA, EPS, and free cash flow in 2022.

OneWater Marine Acquires T-H Marine for Approximately $185M

October 21, 2021

Manufacturing

OneWater Marine Inc. has entered into a definitive agreement to acquire T-H Marine, a leading provider of branded marine parts and accessories, for approximately $185 million. The acquisition, expected to close in Q4 2021, advances OneWater’s growth and diversification strategy by expanding its parts & accessories offering, and is expected to be immediately accretive to revenue, margins and EPS.

Berkshire Hathaway Acquires OxyChem From Occidental for $9.7 Billion

January 3, 2026

Manufacturing

Berkshire Hathaway has completed the all-cash acquisition of OxyChem, Occidental’s chemical division, for $9.7 billion, subject to customary post-closing purchase price adjustments. OxyChem is a Dallas, Texas-headquartered producer of essential commodity chemicals with operations across the United States, Canada, and Latin America.