Malibu Boats Inc Class A

MBUU: XNAS (USA)
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Malibu: Acquisition of Saxdor Taps Into $2.5 Billion Adventure Dayboat Category for Growth

Malibu purchased Finnish boat producer Saxdor Yachts for $175 million, composed of $130 million in cash and $45 million in equity. Saxdor is set to deliver $225 million-$235 million in sales at a 10%-11% EBITDA margin in the 12 months ending March, which should prove accretive to the enterprise.

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