What Does OXE Marine Do?

Total employees61
HeadquartersÄngelholm
Founded2012

OXE Marine AB is a Swedish company that develops, manufactures, and sells the world's first high-performance diesel outboard engines. Their products are designed for demanding commercial and governmental users who require durability, reliability, high fuel efficiency, and long service life. OXE Marine's patented belt propulsor unit technology allows them to deliver unique advantages in the marine propulsion market, focusing on reduced emissions and operational costs compared to traditional gasoline outboards.

Where Is OXE Marine's Headquarters?

HQ Function

Corporate headquarters, strategic management, research and development (R&D) hub, and oversight of global manufacturing and sales operations.

Notable Features:

Modern industrial facility with dedicated areas for R&D, engineering, advanced testing, and assembly/production oversight of their high-performance diesel outboards.

Work Culture:

A dynamic and innovative work environment driven by engineering excellence, focused on developing robust and reliable marine propulsion solutions. The culture likely emphasizes collaboration, precision, problem-solving, and a commitment to quality for demanding global clients.

HQ Significance:

Serves as the nerve center for OXE Marine's global operations, product innovation in diesel outboard technology, and strategic direction. Its location in Ängelholm, Sweden, places it within a region with a strong industrial and engineering heritage.

Values Reflected in HQ: The headquarters embodies values of innovation, precision engineering, durability, sustainability focus, and a commitment to high-performance solutions for the professional marine sector.

Location:

OXE Marine has a significant global presence, primarily supported through an extensive network of distributors, dealers, and service partners across North America, Europe, Asia, Australia, and other key maritime regions. Core functions like manufacturing are concentrated in Sweden and the USA (Albany, GA), while sales, marketing, technical support, and after-sales services are delivered globally to meet the needs of commercial and governmental clients worldwide.

Street Address:

Metallgatan 17 B

City:

Ängelholm

State/Province:

Skåne County

Country:

Sweden

Where Else Does OXE Marine Operate Around the World?

Albany, Georgia, USA

Address: 1400 W. Oakridge Drive, Albany, GA 31707 (Note: Verify exact public-facing address if critical, this is based on business directories and operational mentions)

To directly serve and expand within the significant U.S. maritime market, providing localized assembly, faster delivery, and dedicated support to regional customers, including key governmental clients.

Buying Intent Signals for OXE Marine

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading OXE Marine? Meet the Executive Team

As of April 2025, OXE Marine' leadership includes:

Paul Frick - Chief Executive Officer (CEO)
Robert Sjöblom - Interim Chief Financial Officer (CFO)
Magnus Lindqvist - Chief Operating Officer (COO)
Jeremy Davis - Chief Commercial Officer (CCO)
Elenor Wulff - Chief Human Resources Officer (CHRO)

Who's Investing in OXE Marine?

OXE Marine has been backed by several prominent investors over the years, including:

Chevron Technology Ventures
Försäkringsaktiebolaget Avanza Pension
Publicly traded on Nasdaq First North Growth Market Stockholm (Ticker: OXE)
Various institutional and private investors

What Leadership Changes Has OXE Marine Seen Recently?

Hire3
Exits2

OXE Marine experienced key leadership changes in the past year (approx. mid-2023 to mid-2024), appointing a new CEO and a new COO, alongside a CFO transition to an interim role, reflecting a period of strategic team adjustments.

Departures

Anders Berg, Anders Berg resigned as CEO, departure effective end of May 2023.
Jonas Persson, Jonas Persson announced his decision to leave the CFO position.

New Appointments:

Paul Frick, Paul Frick, previously Chairman, appointed as new CEO.
Magnus Lindqvist, Magnus Lindqvist appointed as new COO, starting February 1, 2024.
Robert Sjöblom, Robert Sjöblom appointed as interim CFO.

What Technology (Tech Stack) Is Used byOXE Marine?

Discover the tools OXE Marine uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

OXE Marine Email Formats and Examples

OXE Marine primarily uses the firstname.lastname@oxemarine.com email format for its employees. This is a common structure for professional communication within the company.

firstname.lastname@oxemarine.com

Format

paul.frick@oxemarine.com

Example

85%

Success rate

What's the Latest News About OXE Marine?

OXE Marine AB / Nasdaq GlobeNewswireMay 7, 2024

OXE Marine AB Publishes Interim Report Q1 January - March 2024

OXE Marine reported its Q1 2024 financial results, detailing a net turnover of SEK 20.9m and an order book of SEK 57.8m. The company emphasized ongoing efforts to scale production and sales, particularly in the U.S. market, and noted progress in supply chain management and OEM partnerships....more

OXE Marine AB / CisionApril 11, 2024

OXE Marine announces new order from US Governmental Customer for SEK 17 million

OXE Marine secured a significant order valued at approximately SEK 17 million from an existing U.S. governmental customer, reinforcing the strong demand for its high-performance diesel outboard engines in critical operational sectors....more

OXE Marine AB / CisionFebruary 16, 2024

OXE Marine AB (publ) signs exclusive development agreement with Chevron

OXE Marine announced an exclusive development agreement with U.S. oil major Chevron. This strategic partnership aims to develop a new series of highly efficient engines, combining OXE's innovative technology with Chevron's expertise to enhance performance and reduce emissions for marine applications....more

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