With his background in cabinetry and boatbuilding, Aage Walsted established Walsteds Baadeværft in 1949 at the age of twenty-seven. With just two employees the yard started to produce Junior boats and various dinghies.
It did not take discerning boat owners long to discover the beauty of these well built products; shortly thereafter Dragons and international 5 meter would be under production.
By 1953 Aage Walsted was respected both at home and abroad when fire destroyed the original boatyard. The reconstruction was finished the following year with the ability to accommodate larger yachts.
In December 2006 Aage Walsted decided to retire at the age of eighty-four.
Aage Walsted passed away June th. 25, 2013. 91 years old.