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Porsche completes €1 billion sale of Bugatti Rimac and Rimac stakes

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  • Porsche completed the sale of its Bugatti Rimac and Rimac Group holdings to a consortium led by HOF Capital.
  • €1 billion transaction value included €250 million earmarked for pension obligations.
  • Volkswagen Group first acquired Bugatti rights in 1998 and formed the Bugatti Rimac joint venture in 2021.
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Porsche completes €1 billion sale of Bugatti Rimac and Rimac stakes - CoinPost Terminal