Sale of Aaby Marine AS to Båthuset Gruppen AS

Deal typeM&A
IndustryRetail & Consumer
Sub-industryTravel
Client nameAaby Marine AS
BDO Corporate Finance acted as lead advisor to the owners of Aaby Marine AS in the sale to Båthuset Gruppen AS.

Aaby Marine, based in Leangbukta, Asker, has been a leading player in the market. It stands as Norway's largest distributor of high-end brands such as Windy and Nimbus. Despite the challenges of the pandemic, Aaby Marine exhibited robust growth, achieving a turnover of NOK 105 million in 2022, with an operating profit of NOK 14 million.

Båthuset Gruppen, based in Sørlandet, has acquired Aaby Marine in Østlandet. This strategic acquisition enables Båthuset to expand its offerings of leisure boats and maritime services from Fredrikstad to Lindesnes.