Rimac Buys Controlling Interest in Bugatti from Volkswagen G

Rimac Buys Controlling Interest in Bugatti from Volkswagen Group, Forms New Company
Newsweek
6 hrs ago
© Bugatti Rimac
Bugatti Automobiles has been purchased from Volkswagen Group by Rimac Automobili.
Coatian electric supercar company Rimac Group has purchased a controlling interest in super luxury automaker Bugatti Automobiles from Volkswagen Group. The new company will be called Bugatti Rimac. Financial Times first reported the news.
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Rimac Group shareholders include Porsche (24 percent), Hyundai (12 percent), Rimac Group founder Mate Rimac (37 percent), and other investors (27 percent).
Under the deal, Rimac owns 55 percent of Bugatti. Porsche, which is under the Volkswagen Group umbrella, will own the remaining shares.

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