Malibu Boats Acquires Fast-Growing Saxdor Yachts

Acquisition Expands Malibu's Global Reach and Portfolio in Premium Adventure Dayboat Segment

Published on Mar. 2, 2026

Got story updates? Submit your updates here. ›

Malibu Boats, Inc. (Nasdaq: MBUU), a leading designer, manufacturer, and marketer of recreational powerboats, has acquired Saxdor Yachts, a leading European designer and manufacturer of premium adventure dayboats and one of the world's fastest-growing boat brands, for approximately $175 million. The acquisition establishes Malibu's global platform with scalable European operations and a rapidly expanding international dealer network, while filling a strategic whitespace in Malibu's portfolio with a fast-growing premium adventure dayboat segment.

Why it matters

The acquisition of Saxdor Yachts aligns with Malibu's 'build, innovate, and grow' strategy, providing access to the rapidly expanding $2.5 billion adventure dayboat category, which is growing at a 15% annual rate. Saxdor's strong brand recognition and global distribution network, combined with Malibu's manufacturing expertise and financial resources, create significant opportunities for growth and synergies.

The details

Saxdor Yachts, founded in 2019 in Helsinki, Finland, has rapidly emerged as one of Europe's most dynamic premium performance boatbuilders. The company 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 model features award-winning design, Scandinavian styling, and functional luxury.

  • Saxdor Yachts was founded in 2019 in Helsinki, Finland.
  • The acquisition was completed on March 2, 2026.

The players

Malibu Boats, Inc.

A leading designer, manufacturer, and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive and outboard boats.

Saxdor Yachts

A leading European designer and manufacturer of premium adventure dayboats and one of the world's fastest-growing boat brands.

Steve Menneto

Chief Executive Officer of Malibu Boats.

Sakari Mattila

Founder and Chief Designer of Saxdor Yachts.

Got photos? Submit your photos here. ›

What they’re saying

“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.”

— Steve Menneto, Chief Executive Officer of Malibu Boats

“When I founded Saxdor in 2019, I wanted to create something completely different – boats that would speak to a new generation of boaters who value both cutting-edge technology and timeless design.”

— Sakari Mattila, Founder and Chief Designer of Saxdor Yachts

What’s next

Malibu Boats plans to leverage Saxdor's global distribution network and manufacturing capabilities to drive further growth and synergies across the combined portfolio.

The takeaway

The acquisition of Saxdor Yachts strengthens Malibu's position in the fast-growing premium adventure dayboat segment, expands its global reach, and provides opportunities to drive operational efficiencies and financial performance through the integration of the two companies.