Axopar acquisition

Axopar Group has acquired a majority shareholding in composite OEM boat manufacturer Markos, through its newly founded subsidiary, AX Composites.

Finnish adventure boat specialist Axopar, which turned 10 this year, says this acquisition marks a step towards its ambition to become a global leader in composite technology manufacturing.

Markos, located in Slupsk, Poland, specialises in building componentry for heavy industry, energy, marine, and leisure industries. The firm manufactures fibreglass-reinforced composite products used in boats, motor vehicles, transport, and wind power. Its net sales were over €71m in 2023, and it employs over 1,200 people.