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BUFORD, Ga. and FT. LAUDERDALE, Fla., June 22, 2022 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") announced today that it has signed a definitive agreement to acquire Ocean Bio-Chem, Inc. (NASDAQ:OBCI) ("OBCI" or "Ocean Bio-Chem"), a leading 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. As part of the transaction, OneWater will also acquire OBCI's affiliate, Star Brite Europe, Inc. Upon closing of the transaction, both OBC
Star brite Inc. Parent Company Reports First Quarter Net Sales of $12.7 Million and Net Income of $1.3 Million FORT LAUDERDALE, Fla., May 16, 2022 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ:OBCI), the parent company of Star brite Inc. and Kinpak Inc. — vertical manufacturer and distributor of performance, appearance, maintenance, and disinfectant chemicals for the marine, RV, and outdoor industries is pleased to announce its first-quarter 2022 financial results. 2022 -First Quarter Highlights:First quarter net sales of $12.7 millionFirst quarter net income of $1.3 million,First quarter net income as a percent of sales – 10.2%Cash on hand $10.2 million at March 31st, 2022, with a ratio of 7
FORT LAUDERDALE, Fla., Feb. 28, 2022 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ:OBCI), the premier manufacturer and distributor for specialty chemicals in the marine, automotive, recreational vehicle and home care markets, today announced that the Company's Board of Directors approved a quarterly regular dividend increase of 33 percent and declared a regular quarterly dividend of $0.04 per share on the Company's Common Stock. The Company will now pay an annual regular dividend of $0.16 per share. The dividend is payable on March 25, 2022, to the Company's Common Stock Shareholders on record on March 10, 2022. The Company will be reporting full year 2021 financial results on March 31, 2022.
Star brite Inc. Parent Company Reports First Quarter Net Sales of $12.7 Million and Net Income of $1.3 Million FORT LAUDERDALE, Fla., May 16, 2022 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ:OBCI), the parent company of Star brite Inc. and Kinpak Inc. — vertical manufacturer and distributor of performance, appearance, maintenance, and disinfectant chemicals for the marine, RV, and outdoor industries is pleased to announce its first-quarter 2022 financial results. 2022 -First Quarter Highlights:First quarter net sales of $12.7 millionFirst quarter net income of $1.3 million,First quarter net income as a percent of sales – 10.2%Cash on hand $10.2 million at March 31st, 2022, with a ratio of 7
FORT LAUDERDALE, Fla., Feb. 28, 2022 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ:OBCI), the premier manufacturer and distributor for specialty chemicals in the marine, automotive, recreational vehicle and home care markets, today announced that the Company's Board of Directors approved a quarterly regular dividend increase of 33 percent and declared a regular quarterly dividend of $0.04 per share on the Company's Common Stock. The Company will now pay an annual regular dividend of $0.16 per share. The dividend is payable on March 25, 2022, to the Company's Common Stock Shareholders on record on March 10, 2022. The Company will be reporting full year 2021 financial results on March 31, 2022.
FORT LAUDERDALE, Fla., Nov. 15, 2021 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ:OBCI), a leader in performance and appearance chemicals, released its third quarter 2021 financial results today. Third Quarter 2021 Financial Highlights Net Sales increased 12% over Q3 2020 to $21.5 million Record year-to-date net sales increased 18% to $50.3 million Cash on hand increased 62% over Q3 2020 to $10.7 million Ratio of 6.12:1 of current assets to liabilities $11 million plant expansion is on time and entering final phase"2021 has been as great year for sales and profits, if we discount our reduced sales of Performacide–our EPA-registered disinfectant for COVID-19—as compared to 2020. Last year's
SC 13G/A - OCEAN BIO CHEM INC (0000350737) (Subject)
SC 13G - OCEAN BIO CHEM INC (0000350737) (Subject)
SC 13G/A - OCEAN BIO CHEM INC (0000350737) (Subject)
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