- CEO
- Paul Frick
- Full Time Employees
- 53
- Sector
- Consumer Cyclical
- Industry
- Auto - Parts
- Address
- Hortensiagatan 6 Helsingborg Sweden 256 68
- IPO Date
- Jun 15, 2020
- Business
- OXE Marine AB (publ) (Ticker: CMMCF) designs, develops, manufactures, and distributes high-performance diesel outboard engines and related propulsion systems for commercial, governmental, military, and recreational marine applications worldwide. The company offers a comprehensive range of OXE Diesel outboards including the OXE150, OXE175, OXE200, OXE225, OXE250, OXE300, and OXE300 JET-TECH models; the OXE HYBRID 450 diesel-electric hybrid outboard; and accessories such as OXE electronic controls, Coast Key systems, displays, DEFA integration, black box rigging kits, premium oils and coolants, propellers, and service tools, all featuring modular designs, automotive-derived powerheads, hydraulic gearboxes, patented belt transmissions, and compliance with EPA Tier III, IMO Tier II, RCD, and CCS emissions standards for superior torque, fuel efficiency, range, and safety. Founded in 2012 and headquartered in Ängelholm, Sweden, with manufacturing in Albany, Georgia, USA, assembly of higher-power models in Tczew, Poland, sales offices in Singapore, and a global network of dealers and distributors, OXE Marine changed its name from Cimco Marine AB in February 2020, completed the acquisition of Diesel Outboards and Outdoor Network Manufacturing in February 2022 to expand US operations, announced a collaboration with Humphree for trim and stabilization systems in 2024, signed a distributor agreement with SARJ in 2024, secured its largest-ever order of USD 6.6 million from a United States Governmental Agency in January 2025 for engines, rigging, and C-CRES lifecycle support systems with deliveries through 2026, and entered a development agreement with GM Marine in November 2025 to power the next generation of OXE outboards using Duramax engines.