Paragon Yachts

What Paragon Yachts does

Paragon Yachts, a subsidiary of Nimbus Boats Sweden AB, designs and builds 25-31 foot motorboats engineered for year-round use in demanding sea conditions. Founded in Finland in 2006 by Sakari Mattila (previously founder of Aquador Boats), the company was acquired by Swedish boat builder Nimbus around 2011 and is headquartered in Västra Frölunda (Gothenburg), Sweden, with production conducted at Nimbus's Storebro and Mariestad yards. The portfolio consists of four models: Ranger 25 (open deck sportboat), Paragon 25 Cabin, Paragon 31 Cabin, and Paragon 31 Flybridge. All boats are certified by DNV-GL, a leading maritime classification body, and the Flybridge carries CE Category B offshore certification.

Name

Paragon Yachts

Legal name

Nimbus Boats Sweden AB

Website

https://paragonyachts.se/

Company type

Private

Founded year

2007

Operating status

Operating

Short description

Paragon Yachts, a Nimbus Boats Sweden AB subsidiary, designs and builds 25-31 foot deep V-hull motorboats certified by DNV-GL for year-round use in tough conditions, serving European leisure consumers via dealers and government/professional operators including sea rescue and utility sectors.

Ownership category

akta.pro rank

Product category

Recreational Motorboats

NAICS

Boat Building (336612), Ship and Boat Building (33661)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Semi-Custom & Series Production Yacht Manufacturing (IMAJAEAM)

akta.pro secondary industry

Day Cruiser, Bowrider & Runabout Manufacturing (IMAJAEAI)

Keywords

• Motorboat manufacturing
• Deep v-hull boats
• Leisure motorboats
• Offshore workboats
• Year-round boats

Headquarters

HQ city

Västra Frölunda

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Motorboat Sales: Paragon Yachts generates revenue through the sale of 25-31 foot motorboats. Boats are sold through a dealer network and directly to commercial/government customers. Revenue is primarily one-time hardware sales with potential for after-sales service and parts.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Paragon Yachts designs, manufactures, and sells 25 to 31 foot motorboats built for year-round use in demanding sea conditions. The four-model product range (Ranger 25 Open, Paragon 25 Cabin, Paragon 31 Cabin, Paragon 31 Flybridge) features a proprietary deep V-hull design and is sold through a European dealer network to leisure boating enthusiasts and directly to government and professional operators such as sea rescue and coast guard services.

Product overview

Paragon Yachts builds a focused portfolio of 25 to 31 foot motorboats designed for year-round use in tough conditions. The product range consists of four distinct models: the Ranger 25 (open deck sportboat), Paragon 25 Cabin (cabin cruiser), Paragon 31 Cabin (larger cabin cruiser), and Paragon 31 Flybridge (bridge cruiser). All boats feature deep V-hull designs for superior seakeeping, Volvo Penta engines, and are built to professional standards certified by DNV-GL. The boats are designed with a 'function before design' philosophy and are used by both leisure users and professional operators including sea rescue services and government authorities.

Differentiator

Problem solved

Functional benefit

Products and services

• Ranger 25 (Paragon 25 Open) Open deck sportboat designed for those who want to experience the sea without a roof. Built with all the ingredients of the Paragon philosophy but more extreme, intended for year-round challenging of nature.
• Paragon 25 Cabin A utility boat with exceptional performance combining design with sporty performance and safe marine features. Features a deep V-bottom hull for unbeatable comfort and a flush deck that allows water to flow unobstructed back into the sea.
• Paragon 31 Cabin A 31-foot model combining clean lines and modern Scandinavian design with sporty performance and excellent seaworthiness. Remodelled into an even better all-year-round work-boat with sturdier, more hardwearing materials and different interior layouts depending on usage requirements.
• Paragon 31 Flybridge A super solid all-year-round commuter built to withstand the toughest conditions. Features a heavy-duty rubber fender list running along the entire boat, hull 40 cm longer and 10 cm higher than the previous model, and capacity for more powerful engines including dual Volvo Penta D4-320 DPI engines (640 hp total) with Electric Steering. CE-category B certified for offshore conditions.

Quantifiable outcome

• Deep V-hull slices through seas at speeds which much larger boats would baulk at

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• StatnettcoreOthers · 1 August 2015Norwegian state power company purchased Paragon 31 Cabin vessels for transport to and service of power stations in Vestlandet province. The first boat was delivered in spring 2015 after sea trials and DNV certification.
• Nimbus Boats Sweden ABcoreStrategic or Co-development PartnerNimbus Boats Sweden AB owns Paragon Yachts. The acquisition brought high-tech development and tooling facilities to Paragon. Paragon models benefit from Nimbus' manufacturing capabilities including production at Mariestad yard. Jonas Göthberg serves as Commercial Director and Mats Jacobsson as Technical Director.
• DNV-GLcoreTechnology or IntegrationAll Paragon boats are certified by DNV-GL, a world-renowned maritime certification agency. This certification is particularly important for commercial and government customers who require certified vessels.
• Volvo PentacoreTechnology or IntegrationParagon boats are powered by Volvo Penta engines including D1, D3, D4, and D6 series. The Paragon 31 Flybridge offers configurations with up to dual D4-320 DPI engines (640 hp total) with Electric Steering.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Nimbus Boats: Parent company of Paragon Yachts and a Swedish builder of premium motorboats. Operates in overlapping size classes and shares manufacturing yards (Mariestad, Storebro) and dealer infrastructure, making it the closest internal comparable.
• Bella Boats: Finnish aluminium and FRP motorboat manufacturer. Direct comparable for Paragon's Nordic-quality, all-weather positioning; also has historical links via founder Sakari Mattila (who sold his previous company, Aquador, to Bella).
• Targa Boats: Finnish builder of rugged, all-weather motorboats in overlapping size classes (27-31 ft). Targets both leisure enthusiasts and professional operators in northern Europe — a near-direct positioning match to Paragon.
• Axopar Boats: Finnish performance motorboat specialist selling sport-oriented 25-37 ft boats across Europe. Competes with Paragon's Ranger 25 / open-deck models in the active-boating-enthusiast segment and shares Nordic design DNA.
• Sargo Boats: Finnish premium motorboat builder in the 25-36 ft range with strong sea-keeping focus. Comparable on craftsmanship, Nordic production, and dual leisure/professional customer base.
• Nord Star Boats: Baltic-built motorboats in similar 25-31+ ft sizes with all-weather capabilities and professional/workboat variants. Directly comparable to Paragon's cabin cruiser line-up.
• Buster Boats: Finnish aluminium boat maker covering recreational and professional use in northern waters. Comparable on customer profile (active Nordic boaters, professional operators) though typically smaller boats.

Broad incumbents

• Boston Whaler: US-based unsinkable-boat brand (Brunswick) with similar unsinkable/safety messaging and recreational-plus-professional use cases. A broader incumbent analogue of Paragon's safety-and-seaworthiness positioning.
• Jeanneau Motorboats: Major French motorboat brand (Groupe Beneteau) offering overlapping cabin and day-boat sizes across Europe. Broader incumbent with wider model range and greater scale than Paragon.
• Brunswick Corporation: US-based global marine conglomerate owning Boston Whaler, Sea Ray, and other boat brands plus Mercury Marine. Representative broad incumbent benchmarking Paragon's scale potential and channel dynamics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/paragon-yachts-oy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Paragon Yachts