📈 Porsche Divests Entire 45% Stake in Bugatti Rimac Joint Venture

Luxury automaker Porsche has agreed to fully divest its equity stakes in Bugatti Rimac and the Rimac Group to a consortium led by New York-based HOF Capital, with Abu Dhabi’s BlueFive Capital as the largest investor. • Deal Structure: Porsche is selling its entire 45% minority stake in the Bugatti Rimac joint venture (established in 2021) along with its 20.6% stake in the Rimac Group. • New Ownership & Control: Following the transaction, Rimac Group (which currently holds a 55% stake) will take full control of Bugatti Rimac. • Strategic Outlook: The HOF Capital-led consortium, including institutional investors from the US and EU, will form a strategic partnership with Rimac Group to support future growth. Porsche stated the divestment allows it to refocus on its core business, while Bugatti Rimac aims to accelerate its long-term vision under the new structure.