Bugatti Rimac

Acquirer: BlueFive Capital (HOF Capital-led consortium)

Porsche has agreed to sell its 45% equity stake in the Bugatti Rimac joint venture, and its stake in Rimac Group, to a HOF Capital-led consortium with BlueFive Capital as the largest investor, enabling Rimac Group to take control of Bugatti Rimac and pursue a strategic partnership with the new investors.Summary of transaction details:Value: Not disclosedSector: Industrials & EnergyAdvisor: Not disclosedKey Entities: Porsche AG, Rimac Group, Bugatti Rimac, BlueFive Capital, HOF CapitalLocation: Global (incorporations in Abu Dhabi Global Market; offices in London, Manama, Abu Dhabi, Dubai, Muscat, Beijing)Note: The sale allows Porsche to refocus on its core automotive business after establishing Bugatti Rimac and supporting Rimac Technology’s growth as an early-stage investor, while Rimac Group gains full control of the joint venture to execute its long-term strategy with new capital and strategic partners.