Summary
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 disclosed
- Sector: Industrials & Energy
- Advisor: Not disclosed
- Key Entities: Porsche AG, Rimac Group, Bugatti Rimac, BlueFive Capital, HOF Capital
- Location: 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.
Lead Investor / Acquirer
BlueFive Capital (HOF Capital-led consortium)
Advising Broker
Undisclosed Firm
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Exited prioritisedOriginal Source
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