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OXE Marine AB (publ) has completed the acquisition of Diesel Outboards and Outdoor Network Manufacturing

OXE Marine has completed the acquisition of the Georgia corporations OXE Marine Inc and OXE Marine Manufacturing Inc (“US Subsidiaries”) as communicated on 22 December 2021. Through the Transaction, OXE significantly strengthens its position in the US market and ensures its future growth both in the US and world-wide.

After the completion of the transaction, Anders Berg is commencing his new role as CEO of the Company and, as previously communicated, he is resigning as chair of the board, while still remaining a board member. The board resolved to elect Jonas Wikström as chair of the board until the end of the next annual general meeting. The EGM, held yesterday, resolved to elect Martin Polo, CEO of Powersports Plus LLC, as new member of the board of directors in OXE

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  • Motor

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