If I remember correctly...
Ocean ("Officina Costruzioni Elettriche Angelo Nocivelli", something like "Electrical Products Factory Angelo Nocivelli", from the name of the founder) was an Italian company owner of the brand Iberna (fridges and freezers).
In the 90s, they bought Italian brands as SanGiorgio, and other brands as Thomson-Brandt, Vedette in France, Blomberg, other companies in Eastern Europe, and became the fourth European home-appliances group (after Electrolux, whirlpool and Bosch-Siemens).
The company went bankrupt when it acquired the French company Moulinex: after the acquisition of Moulinex (small appliances, France) the company discovered that the debts of the French company were three times what declared. Moulinex went bankrupt and this caused the bankrupt of Ocean.
Some of the former Ocean brands are now property of Fagor.