HOF Capital Completes €1 Billion Acquisition of Porsche's Stakes in Bugatti Rimac and Rimac Group

M&A · Partnership

โดย Business Wire·

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Summary · why it matters

HOF Capital announced the completion of its acquisition of Porsche's equity interests in Bugatti Rimac and Rimac Group through an HOF-led consortium, a deal valued at approximately €1 billion. The transaction, first announced in April 2026, closed after all conditions, including regulatory clearances, were satisfied. HOF now holds a 23.5% stake, making it the largest shareholder in Rimac Group, which itself holds a 55% controlling interest in Bugatti Rimac; the consortium also acquired Porsche's direct 45% interest in Bugatti Rimac. As part of the investment, HOF Capital holds three supervisory board seats across the two companies, with Hisham Elhaddad joining both boards and Josh Klaczek joining Rimac Group's board. Executives from both firms expressed enthusiasm for the partnership, which they say will support the next phase of growth for the iconic brands.

Porsche Automobil Holding SE ▼

Impact on stocks 2

Electrification & Mobility▼ · 1 stocks

▼ NegativeCapitalrelevance

Porsche sells its stakes in Bugatti Rimac and Rimac Group for €1 billion, exiting its investment.

Consumer Discretionary▼ · 1 stocks

Porsche Automobil Holding SE

▼ NegativeCapitalrelevance

Porsche Automobil Holding SE, as the parent, is affected by Porsche AG's divestment of its stakes.

Off-coverage companies 3

HOF CapitalPrivate▲ Positive

Capitalrelevance

HOF completes €1 billion acquisition, gaining significant stakes and board representation.

Rimac GroupPrivate▲ Positive

Capitalrelevance

HOF becomes largest shareholder with 23.5% stake, providing new investment and board seats.

Bugatti Rimac d.o.o.Private± Mixed

Capitalrelevance

Bugatti Rimac's ownership changes with HOF acquiring Porsche's direct 45% interest, but impact unclear.