Malibu Boats Acquires Saxdor Yachts for $175M at 7.2x EBITDA
Malibu Boats acquired Saxdor Yachts for EUR 150m (USD 175m) at 7.2x estimated EBITDA, adding a European manufacturing footprint with 800 employees and over 2,000 boats delivered. Saxdor posted 65% revenue growth in 2025 and is expected to generate $225–235m revenue with 10–11% EBITDA margins, immediately boosting earnings.
1. Acquisition Terms
Malibu Boats agreed to purchase Saxdor Yachts for approximately EUR 150 million (USD 175 million), representing about 7.2x Saxdor’s estimated EBITDA for the twelve months ending March 31, 2026. The all-cash deal establishes a European manufacturing and distribution platform to support global expansion.
2. Saxdor’s Operational and Financial Profile
Founded in 2019, Saxdor has delivered over 2,000 boats and employs 800 staff across facilities in Finland and Poland. The company achieved 65% year-over-year revenue growth in 2025, with projected revenues of $225–235 million and EBITDA margins of 10–11% for the year ending March 2026, supported by a network of over 100 dealers in 50+ countries.
3. Strategic Growth and Margin Accretion
The acquisition fills a premium adventure dayboat segment valued at $2.5 billion growing at 15% annually and complements Malibu’s Cobalt and Pursuit brands. Immediate accretion to adjusted EBITDA margins and EPS is expected, while increased North American penetration and manufacturing scale should drive long-term margin expansion.