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Transaction Completed: HOF Capital Consortium completes the acquisition of Porsche’s stakes in Bugatti Rimac and Rimac Group
Porsche's stakes in Rimac Group and Bugatti Rimac transfer to a HOF Capital-led investor consortium; Rimac Group remains 55% majority shareholder.
Porsche and Rimac Group established the Bugatti Rimac joint venture in 2021, with Rimac Group holding a 55% majority stake and Porsche holding the remaining 45%. Porsche also held a 21% shareholding in Rimac Group. Under the transaction announced in April 2026, a consortium led by HOF Capital, including BlueFive Capital as its largest investor and other institutional investors from the US and Europe, agreed to acquire Porsche’s shareholdings in Rimac Group and Bugatti Rimac. The transaction has now closed with Rimac Group remaining the 55% majority shareholder of Bugatti Rimac.
This is an important step for Bugatti Rimac and the entire Rimac Group. I am delighted that HOF Capital and its consortium are becoming our partners in the next phase of our Group's development, and I look forward to working together to realize the full potential of our companies. We have made strong progress across all companies in the Group, and I believe this partnership gives additional momentum to our continued growth.
Mate Rimac
Founder and President of the Rimac Group, CEO Bugatti RimacBugatti Rimac confirms new leadership team
With the new shareholder structure now fully in place, Bugatti Rimac further consolidates Mate Rimac’s strategic and operational long-term vision for Bugatti, created when he was appointed Bugatti Rimac CEO in 2021. Mate will be supported by a new and restructured leadership team. Christophe Piochon will step down as President of Bugatti Automobiles and Chief Operating Officer of Bugatti Rimac. Mate Rimac himself will take over the role of President of Bugatti Automobiles while Marko Brkljačić – former Chief Operating Officer at Rimac Technology – is planned to be joining the Bugatti Rimac leadership team as Chief Operating Officer. Further changes are planned for the immediate future, including the appointment of current Bugatti Automobiles Managing Director, Hendrik Malinowski, as Chief Commercial Officer of the brand.
With more than two decades with Bugatti, Christophe has strongly influenced the brand as it stands. From the Veyron to the Tourbillon, he has contributed to build and protect the quality and craftsmanship that define all hyper sports cars leaving Molsheim. On behalf of the entire team at Bugatti Rimac, I want to thank Christophe and wish him every success and take the opportunity to welcome Marko.
Mate Rimac
Founder and President of the Rimac Group, CEO Bugatti RimacThe new executive appointments are put into place during a pivotal moment in Bugatti history: the opening of the new La Manufacture production facility in Molsheim this July, and the final stage of the Tourbillon testing phase. Together, these milestones form the foundation of the ten-year vision for Bugatti set out under the leadership of Mate Rimac in 2021.
