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Malibu Boats (FRA:M05) Other Expense


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What is Malibu Boats Other Expense?

Other Expense only applies to insurance companies.


Malibu Boats (FRA:M05) Business Description

Traded in Other Exchanges
Address
5075 Kimberly Way, Loudon, TN, USA, 37774
Malibu Boats is a leading designer and manufacturer of power boats in the United States. It is the market leader in performance sport boats, sold under its Malibu and Axis brands. It acquired Cobalt Boats, a leading producer of sterndrive boats in the U.S. in the 24-foot to 29-foot segment, and Pursuit Boats, which makes high-end offshore and outboard motorboats in 2018. In 2021, it purchased Maverick Boat Group, a leading seller of flat fishing boats, with exposure to bay, dual-console, and center-console boats. Malibu has also expanded into boat trailers and accessories, and in 2020 began producing its own engines (Monsoon) for its performance sport boats and now for Cobalt. Malibu's target market includes a wide range of water enthusiasts who embrace the active outdoor lifestyle.