Malibu Boats, Inc. (MBUU) acquired Saxdor Yachts Oy, a Finnish limited company, for a total purchase price of approximately EUR 150 million (USD $175 million). The purchase price comprises EUR 110 million (USD $130 million) in cash and 1,523,794 shares of Malibu Class A common stock (valued at approximately USD $45 million). An additional earnout of up to EUR 71.25 million (approximately USD $84 million) is payable to sellers for calendar years 2026, 2027, and 2028, contingent on achieving specified operating and financial targets. The acquisition is expected to be immediately accretive to Malibu's earnings per share in the current fiscal year and significantly accretive in Fiscal 2027. Saxdor, founded in 2019, is a rapidly growing European designer and manufacturer of premium adventure dayboats, having delivered over 2,000 boats worldwide and employing over 800 people across three facilities in Finland and Poland. The transaction establishes a global manufacturing footprint for MBI, providing improved sourcing, expanded service capabilities, and deeper distribution infrastructure. Saxdor operates in the $2.5 billion adventure dayboat category, which is estimated to be growing at a 15% CAGR (2023-2025). Saxdor achieved approximately 65% year-over-year constant currency revenue growth in calendar 2025 and is expected to generate revenue of USD $225-$235 million for the 12 months ending March 31, 2026. Saxdor's estimated EBITDA margins for the 12 months ending March 31, 2026, are 10-11%, with an outlook for further margin growth in Malibu's Fiscal 2027. The balanced funding structure results in a pro forma net leverage of approximately 1.5x, which is below Malibu's stated maximum net leverage of 2.5x.