Malibu Boats Expands Globally with $175M Saxdor Yachts Acquisition

Event summary

  • Malibu Boats acquires Saxdor Yachts for $175M (EUR 150M), valuing the company at 7.2x EBITDA.
  • Saxdor, founded in 2019, has delivered over 2,000 boats globally with 800 employees across Finland and Poland.
  • The deal fills a strategic gap in Malibu’s portfolio, targeting the $2.5B adventure dayboat market growing at 15% annually.
  • Saxdor’s revenue is projected at $225–235M for the 12 months ending March 31, 2026, with EBITDA margins of 10-11%.
  • Malibu plans to maintain Saxdor’s brand identity and operational autonomy, with founder Sakari Mattila continuing as Chief Designer.

The big picture

Malibu Boats’ acquisition of Saxdor Yachts marks a strategic move to capture the fast-growing adventure dayboat market, positioning the company as a global marine solutions provider. The deal aligns with Malibu’s 'Build, Innovate, and Grow' strategy, enhancing its portfolio with premium luxury boats and expanding its manufacturing footprint. With Saxdor’s strong growth trajectory and Malibu’s distribution network, the acquisition aims to drive immediate earnings accretion and long-term margin expansion.

What we're watching

Integration Challenges
How Malibu will integrate Saxdor’s operations while maintaining its brand identity and operational autonomy.
Market Expansion
Whether Malibu can significantly grow Saxdor’s North American presence, currently at 33% of revenue.
Financial Performance
The pace at which Saxdor’s EBITDA margins expand beyond the projected 10-11% range.

Related topics

Revenue Growth Acquisition