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GlobeNewsWire
4 days ago
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 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.