Business
Malibu Boats, Inc. Accelerates Its Global Expansion with the Acquisition of Category Disruptor Saxdor Yachts, One of the World’s Fastest-Growing Boat Brands
Award-Winning Scandinavian Innovator is Redefining Premium Boating Establishes MBI’s Global Platform with Scalable European Operations and a Rapidly Expanding International Dealer Network Fills Strategic Whitespace in MBI’s Portfolio with Premium Adventure Dayboats – a $2.5 Billion Market Growing 15% Annually Statement Acquisition Advances “Build, Innovate, and Grow” Strategy Outlined at September 2025 Investor Day Immediate, Significant Accretion to MBI Earnings Per Share LOUDON, Tenn., March 0
About this update from Malibu Boats, Inc.
Award-Winning Scandinavian Innovator is Redefining Premium Boating Establishes MBI’s Global Platform with Scalable European Operations and a Rapidly Expanding International Dealer Network Fills Strategic Whitespace in MBI’s Portfolio with Premium Adventure Dayboats – a $2.5 Billion Market Growing 15% Annually Statement Acquisition Advances “Build, Innovate, and Grow” Strategy Outlined at September 2025 Investor Day Immediate, Significant Accretion to MBI Earnings Per Share LOUDON, Tenn., March 02, 2026 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) (“Malibu”, “MBI” or the “Company”), a leading designer, manufacturer, and marketer of a diverse range of recreational powerboats and marine-services, today announced that it has acquired Saxdor Yachts (“Saxdor”), a leading European designer and manufacturer of premium adventure dayboats and one of the world’s fastest-growing boat brands, for approximately EUR 150 million (USD $175 million), representing a valuation of approximately 7.2x estimated EBITDA1 for the twelve months ending March 31, 2026. Founded in 2019 in Helsinki, Finland by visionary entrepreneur Sakari Mattila, Saxdor Yachts has rapidly emerged as one of Europe’s most dynamic premium performance boatbuilders. Its award-winning models fuse advanced hull engineering, modern Scandinavian design and highly functional luxury at an exceptional value – redefining expectations in the premium adventure dayboat segment. Since its inception, Saxdor has produced and delivered over 2,000 boats worldwide and built a team of over 800 employees at its three engineering and manufacturing facilities in Finland and Poland. Saxdor’s flagship 460 GTC featuring award-winning design, Scandinavian styling and functional luxury “Guided by our build, innovate, and grow framework, we set a high bar for acquisitions – and Saxdor clears it easily with world-class boats, industry-leading growth and global reach” said Steve Menneto, Chief Executive Officer of Malibu. “With Saxdor, we are taking a meaningful step towards our vision of becoming a global marine solutions and services provider. The strategic merits of this transaction extend beyond increased scale and portfolio expansion – it also establishes a global manufacturing footprint which provides for improved sourcing, expanded service capabilities, and a deeper distribution infrastructure – creating a more divers...
View stock analysis, news, and events for Malibu Boats, Inc.