Rimac would be close to acquiring Bugatti

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The first rumors affirming a possible sale of Bugatti to Rimac date back to last year when there was also talk of Porsche that could have increased its stake within the Croatian brand. In February? Of 2021 we had returned to talk about this issue and it had emerged that the Volkswagen Group would have taken a decision on the future of Bugatti towards the middle? of the year. At the time it was said that the German group was considering various possibilities? and that the sale was not so? discounted.

In March, for ?, Porsche had announced that it had increased its stake in Rimac? from 15% to 24% with an investment of 70 million euros. The announcement had raised rumors that Bugatti could soon be sold to the Croatian brand. Hasn't it since? known more? nothing on this subject to date thanks to a report by the German magazine Manager Magazin which stated that it would not be long before the sale of Bugatti to Rimac.

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JOINT VENTURE BETWEEN RIMAC AND PORSCHE

How much? was told in the report, Rimac would aim to set up a joint venture with Porsche. Company which would be controlled 55% by the Croatian manufacturer and 45% by the German one. Through this joint venture, Bugatti would then be acquired. Following this operation, Rimac would aim to go public in 2022 . intends to obtain a valuation of about 5 billion euros.

On the possible listing on the stock exchange, the Croatian brand? intervened simply stating that he is evaluating various hypotheses for the future. On the sale of Bugatti, the report does not provide further details, a sign that the companies are trying to keep the pi? maximum confidentiality on the matter is possible. However, according to the? Manager Magazin report, the acquisition would be taken for granted and could be announced soon.

do nothing other than wait for some official communication from the interested parties.

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