OXE Marine AB
0.19
SEK
+0.04
(+27.59%)
OXE Marine AB
STO:OXE
(Nasdaq Stockholm)
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0.19
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ROIC.AI
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- OXE Marine AB (publ) (OXE.ST) designs, develops, manufactures, and distributes high-performance diesel outboard engines and related propulsion solutions for commercial, governmental, military, and recreational marine applications worldwide; its core products include the OXE diesel outboard series encompassing OXE150, OXE175, OXE200, OXE225, OXE250, OXE300, and OXE300 JET-TECH waterjet models featuring modular automotive-derived diesel powerheads, hydraulic gearboxes, carbon fiber belt transmissions, closed cooling systems, and high-torque capabilities for enhanced fuel efficiency, range, and low-speed maneuverability; the OXE HYBRID 450 diesel-electric hybrid outboard; and accessories such as electronic controls, Coast Key systems, displays, DEFA preheaters, black box rigging kits, steering components, service tools, premium oils, coolants, and propellers. The company serves diverse sectors including pilot boats, tug boats, interceptors, workboats, charter vessels, and OEM boat builders through direct-to-market channels, dealer networks, and exclusive government support programs like containerized life-cycle services. Founded in 2012 and headquartered in Helsingborg, Sweden, with manufacturing and sales operations in the United States including an Albany, Georgia facility and a sales office in Singapore, OXE Marine maintains approximately 56 employees and lists on Nasdaq First North Growth Market. In late 2021, the company completed the acquisition of Diesel Outboards and Outdoor Network Manufacturing's U.S. distribution and production assets for USD 10.8 million, gaining exclusive global rights to Jet-Tech waterjets, enhanced U.S. market access, and a dedicated manufacturing site previously producing OXE200 engines; this transaction also positioned Powersports Plus LLC as the largest shareholder and added Outdoor Network Group CEO Martin Polo to the board. Most recently, on November 13, 2025, OXE Marine entered a strategic development agreement with GM Marine to integrate GM's Duramax engines into a new generation of high-powered outboards targeted at professional users, building on the successful 2020 launch of the OXE300 lineup and the prior name change from Cimco Marine AB in February 2020.
Company News
International Companies Presentations Now Available for On-Demand Viewing
Live Investor Conference & Webinar: International Companies Present on June 17th
OXE Marine AB (PUBL) convening notice for extraordinary general meeting
Magnus Grönborg to start as CEO of OXE Marine AB (publ) on 1 July 2021
OXE Marine AB (publ) Interim report 1 January to 31 Mars 2021
Report from the annual general meeting in OXE Marine AB (publ) on 16 April 2021
OXE Marine AB publishes annual report for 2020
First OXE125-200 assembly in USA