Malibu Boats to Buy Saxdor Yachts in $203.9 Million Deal
The recreational powerboat maker said the mixed-structure purchase of the Finnish adventure-dayboat builder fills a premium whitespace in its portfolio.
Malibu Boats, Inc. (MBUU) agreed to acquire Saxdor Yachts Oy for approximately $203.9 million in a mixed-structure transaction.
The recreational powerboat manufacturer said the deal extends its “build, innovate, and grow” framework into premium adventure dayboats, a segment it described as a $2.5 billion market growing 15% annually. Saxdor, founded in 2019 in Helsinki by Sakari Mattila, designs and builds award-winning Scandinavian-styled boats and has delivered more than 2,000 of them worldwide. The company employs more than 800 people across three engineering and manufacturing sites in Finland and Poland.
Malibu, which designs, manufactures, and markets recreational powerboats and marine services, framed Saxdor as a global platform with scalable European operations and an expanding international dealer network. Chief Executive Officer Steve Menneto said the target “clears it easily with world-class boats, industry-leading growth and global reach” and that the company is “taking a meaningful step towards our vision of becoming a global marine solutions and services provider.”
The March 2026 announcement valued Saxdor at approximately EUR 150 million, or $175 million, equal to about 7.2 times estimated EBITDA for the twelve months ending March 31, 2026. That earlier figure sat below the $203.9 million value disclosed in the definitive-agreement filing. Malibu said the acquisition would produce immediate, significant accretion to earnings per share.
The company said the purchase fills strategic whitespace in its portfolio and advances the global marine solutions and services provider vision outlined at its September 2025 investor day. Saxdor’s flagship 460 GTC, with its award-winning hull engineering and functional luxury, anchors the premium adventure dayboat line that Malibu is adding.
The mixed-structure deal combines cash and other consideration rather than an all-stock or all-cash payment. Malibu did not disclose an exchange ratio, a cash-per-share figure, or a premium in the materials provided. The company said the transaction is expected to close subject to customary conditions.
Saxdor’s three facilities and 800-plus employees will operate under Malibu’s global marine platform. The company said the acquisition establishes scalable European operations and a rapidly expanding international dealer network. Menneto’s remarks positioned the deal as a step toward a broader marine solutions and services franchise.
The $203.9 million purchase price is the figure for the Saxdor transaction. The company said the deal is accretive to earnings per share and fills the premium adventure dayboat whitespace it identified in March.