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Stock impact report

OneWater Marine Inc. Completes the Acquisition of T-H Marine

OneWater Marine Inc. - Class A (ONEW) 
Company Research Source: GlobeNewswire
BUFORD, Ga., Dec. 02, 2021 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) announced today that it has completed the previously announced acquisition of T-H Marine, a leading provider of branded marine parts and accessories. OneWater expects that the acquisition will significantly expand the Company’s presence in the parts and accessories sector. The transaction is expected to more than double the annual revenue of OneWater’s current business in the space. “We couldn’t be more excited to welcome Jeff Huntley Sr. and his team into the OneWater family. This transaction meaningfully advances OneWater’s strategic growth and diversification strategy and is expected to materially expand our addressable market in the parts and accessories business. T-H Marine will serve as an additional platform for growth with its strong pipeline in both product development and its own acquisition strategy, led by an experienced and capable team. With T-H Marine, we Show less Read more
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