OneWater Marine Inc. Signs Definitive Agreement to Acquire Ocean Bio-Chem, Inc.
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.
About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 13 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.
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