Nimbus was originally founded in 1968 when the production of leisure powerboats under the brand Nimbus started. Since then a number of brands have been added to the portfolio of what today is the Nimbus Group. That includes the brands Alukin, Aquador, Bella, Falcon, Flipper, Nimbus, and Paragon Yachts. The current main owner, R12 Kapital acquired the shares in Nimbus group in 2012 and the Group is today one of the leading “Houses of Brands” in the powerboat market in Europe and has also started to expand in the American market. The mission of the group is to through its different brands offer a broad range of high-quality powerboats where each brand has its distinct target group.

From 2014 to 2023 net sales increased from SEK 197 million to SEK 1,989 million (As per Jan. 1, 2020 Nimbus applies IFRS, International Financial Reporting Standards). The increase is coming both from organic growth and the acquisitions both of distributors and in 2018, the powerboat producers Alukin Boats Sweden AB and Bella-Veneet Oy (incl the brands Acquador, Flipper, Falcon, and Bella). Nimbus Group had net sales of SEK 1,898 million in 2023 and an EBITA margin of 5,2 percent.

Leading boat manufacturer

Nimbus Group comprises today the brands Alukin, Aquador, Bella, Falcon, Flipper, Nimbus and Paragon Yachts. The main owner acquired the majority of the shares in Nimbus Group in 2012. Nimbus Group is today a leading boat producer on the European market and have since 2017 started an expansion into the North American market.

Strategy

The Nimbus Groups strategy is to offer a broad range of premium recreational powerboats through different brands in order to reach well defined target groups.