HOF Consortium Completes Purchase of Bugatti

HOF Capital's consortium completed the acquisition of Porsche's stake in Bugatti Rimac, the supercar manufacturer. Porsche generated approximately 1 billion euros (1.16 billion dollars) from the sale. The transaction included Porsche's full divestment of its equity in Bugatti Rimac and its 20.6% holding in Rimac Group. Hisham Elhaddad is co-founder and managing partner of HOF Capital.

Next story