BuilderMalibu

US

Malibu Boats LLC

5075 Kimberly Way Loudon

Model range of Malibu

The brand Malibu produces bowriders and watersports Towboats. There are 12 models from 6 to 8 meters in the current model range from 5 lines: Crossover & Ski, LSV, LX, M and MXZ.

About Malibu

The company's history

In 1982 Bob Alkema and Steve Marshal, with the help of friends, founded a small shipyard in Merceda, California. Initially their friends were betting on tugboats and did not lose out. Malibu Boats almost immediately began to receive 2-3 orders a week, and by 1984 the company was already firmly on its feet and had up to 8 orders a week.

In 1989, a second factory was opened in Tennessee, and by the end of the year Malibu Boats had produced more than 1,200 boats, winning the Powerboat magazine award for excellence.

A year later, the company acquired the Australian shipbuilding company Flightcraft. By 2002 Malibu Boats became one of the world's largest manufacturers of sports towboats.

In 2006 the yard was owned by its main investor, Black Canyon Capital. Although many yachting companies closed during the recession of the late 2000s, Malibu Boats, on the contrary, increased its market share.

In 2009, Malibu Boats launched the Axis Wake brand and moved its headquarters to Loudon, Tennessee.

By 2012, the company had taken 30% of the tugboat market and won 19 Boat of the «Year Awards and»31 Excellent «Product Quality Awards.

In 2014, the company held an IPO on the New York Stock Exchange, where it was valued at $300 million.

In July 2017, Malibu acquired its competitor Cobalt Boats for $130 million and included its CEO Paxson St. Clair on its board of directors.


Status

It's working.

Production

Malibu Boats' main production lines are located in Lawon, Tennessee, employing over 500 people. Malibu Boats also has Cobalt Boats manufacturing facilities in Neodesh, Kansas.

The Asian market receives products from the Australian division of the Allbury shipyard in Allbury, New South Wales.

The company abandoned the use of wood in the construction of its boats back in the 90s and switched to composite materials.

Model range

Malibu Boats has specialized for several decades in the production of bowriders and sports tows from 6 to 8 meters in length. The company's boats are designed for water skiing and wakeboarding enthusiasts.

Features .

Malibu Boats has developed and patented a unique Surf «Gate technology»that helps regulate the boat's wave.

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