International law firm Bird & Bird has advised the owners of Saxdor Yachts Oy, a Finnish designer and manufacturer of premium adventure dayboats, on its sale to Malibu Boats, Inc., a leading global manufacturer of recreational powerboats.
Bird & Bird advised the sellers on the sale of Saxdor Yachts to Malibu Boats Founded in 2019, Saxdor has rapidly built a strong global presence through innovative Scandinavian design, advanced engineering and a network of more than 100 dealers in over 50 countries. The transaction reinforces Saxdor’s position as one of the marine industry’s fastest growing premium brands. Saxdor will continue to operate as an independent brand within Malibu Boats. The purchase price was approximately EUR 150 million, with an additional earn out of up to EUR 72 million tied to future performance.
Bird & Bird’s core advisory team included
Kimmo Reina,
Matti Kuokkanen,
Miika Hiidenhovi,
Rondy Stenman,
Ville Alahuhta,
Kristiina Lehvilä,
Juhani Vuento,
Niilo Salminen and
Maria Karpathakis, supported by other team members in Finland and Poland.