Malibu Boats, Inc. (NASDAQ: MBUU) is a leading designer, manufacturer and distributor of premium recreational powerboats focused primarily on watersports. The company’s product lineup spans a range of towboats engineered for wakeboarding, wakesurfing and waterskiing, as well as versatile sport boats for day cruising and family outings. Malibu’s proprietary hull designs and advanced ballast, propulsion and control systems are developed in-house, underscoring the company’s emphasis on innovation and performance in marine engineering.
Founded in 1982 and originally known for its ski boat heritage, Malibu Boats has evolved into a global marine powerhouse through continuous product development and strategic acquisitions. Over the years, the company introduced industry-first technologies such as computer-controlled ballast systems and digital throttle controls, earning a reputation for pushing the boundaries of watersports boat performance. In early 2022, Malibu expanded its brand portfolio with the acquisition of Cobalt Boats, strengthening its position in the premium sport boat segment and broadening its appeal across multiple boat categories.
Malibu Boats serves a worldwide customer base through a network of independent dealers and showrooms covering North America, Europe, Australia, Asia and South America. Manufacturing operations are concentrated in facilities located in Tennessee and Washington State, where skilled teams oversee everything from hull construction to final fit-out. The company also maintains distribution centers in key international markets to support parts, service and warranty functions, ensuring a seamless ownership experience for boaters across diverse geographies.
Under the leadership of Chief Executive Officer Jack Springer, Malibu Boats is committed to strategic growth, product innovation and customer satisfaction. The executive team combines decades of marine industry expertise with a focus on operational efficiency and brand development. As Malibu continues to invest in research and development, the company aims to expand its market share, introduce next-generation propulsion technologies and reinforce its status as a premier brand for performance-oriented recreational boating.
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