A bidding battle has flared up around the luxury car brand Bugatti. The Croatian technology and sports car company Rimac recently made an offer for the remaining shares in the Joint Venture Bugatti Rimac, according to those involved. The Bloomberg agency had first reported on the offer. Rimac could come together with other investors. The talks were still in an early stage.
Rimac and Porsche founded Bugatti Rimac in 2021 to produce so -called hypercars under the brands of the same name. It is about highly bred luxury sports cars at a price of several million euros that reach a speed of more than 400 kilometers per hour.
Tactical price drives?
Against this background, insiders evaluate Rimac’s own offer for the Porsche share as a maneuver to raise the evaluation of the community company Bugatti Rimac. It has not yet been decided whether Porsche or Rimac will ultimately achieve the majority of the joint venture or whether an external buyer can be found for Bugatti Rimac.
Around 900 men and women work today at the joint venture, most in Zagreb and the Bugatti headquarters in Molsheim, French; By the end of the year, the company is still being Volkswagen competent Bugatti Engineering supported. In addition to the 45 percent of Bugatti Rimac, Porsche also holds 21 percent at Holding Rimac Group; The proportion of Bugatti Rimac is already 56 percent. But that doesn’t help in everyday business. If in doubt, the Rimac page decides, strictly speaking: Mate Rimac as CEO.