Sports Car
Porsche Separates from Bugatti Rimac And the Rimac Group

From | Translated by AI 1 min Reading Time

Porsche sells its shares in Bugatti Rimac and the Rimac Group. The sports car manufacturer wants to concentrate on its core business.

Porsche sells its shares in Bugatti Rimac and the Rimac Group.(Image: Porsche)
Porsche sells its shares in Bugatti Rimac and the Rimac Group.
(Image: Porsche)

Porsche is selling its shares in Bugatti Rimac and the Rimac Group. The buyer is a consortium of buyers led by "HOF Capital", a New York-based investment firm. Porsche and the Rimac Group founded the Bugatti Rimac joint venture in 2021. Porsche holds a minority stake of 45 percent in this joint venture, while the Rimac Group owns 55 percent of the shares.

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