Porsche sells its shares in Bugatti Rimac (CEFR Compare)

Apr 24, 2026, 13:54

Porsche sells its shares in Bugatti Rimac

Introduction

Porsche sold its 45% share in Bugatti Rimac. It also sold its 20.6% share in Rimac Group. A group of investors led by HOF Capital bought the shares. This sale means Porsche leaves the joint venture. The joint venture started in 2021.

Main Body

Bugatti Rimac started in 2021. Porsche owned 45% of it. Rimac Group owned 55%. Bugatti is a luxury car brand. Rimac makes electric car parts. Porsche decided to sell its shares. The car industry has problems. Growth is slow. Costs are high. Tariffs and world problems hurt profits. Porsche's CEO said the sale helps Porsche focus on its main business. Mate Rimac is the CEO of Bugatti Rimac. He thanked Porsche for its help. He said the new owners will help the company move faster. Rimac Group will now fully control Bugatti Rimac. It will work with BlueFive Capital and HOF Capital. The price of the sale is not public. Bloomberg says Mate Rimac offered more than €1 billion in 2025. A person from the Sawiris family co-founded HOF Capital. Hazem Ben-Gacem leads BlueFive Capital. He said the deal is more than just money. After the news, Porsche shares fell 1.6% on the Frankfurt stock exchange.

Conclusion

Porsche now focuses on its main business. Rimac Group has full control of Bugatti Rimac with new partners. Porsche leaves its investment in both companies.

Vocabulary Learning

buy

To get something by paying money.購買

Example:Investors bought the shares.

car

A vehicle with four wheels that carries people.汽車

Example:Bugatti is a luxury car brand.

sell

To give something to someone for money.出售

Example:Porsche sold its shares.

slow

Not fast; taking a long time.緩慢的

Example:Growth is slow.

start

To begin something.開始

Example:The company started in 2021.

Sentence Learning

Porsche sold its 45% share in Bugatti Rimac.

This sentence uses the past simple tense 'sold' to describe a completed action. The subject is 'Porsche', the verb is 'sold', and the object is 'its 45% share'.本句使用過去簡單時態'sold'描述一個已完成的動作。主語是'Porsche'，動詞是'sold'，賓語是'its 45% share'。

Bugatti Rimac started in 2021.

This sentence uses the past simple tense 'started' to say when something began. The subject is 'Bugatti Rimac', the verb is 'started', and the time is 'in 2021'.本句使用過去簡單時態'started'說明某事開始的時間。主語是'Bugatti Rimac'，動詞是'started'，時間是'in 2021'。

Porsche decided to sell its shares.

This sentence uses the past simple tense 'decided' followed by an infinitive 'to sell'. The subject is 'Porsche', the verb is 'decided', and the action is 'to sell its shares'.本句使用過去簡單時態'decided'後接不定式'to sell'。主語是'Porsche'，動詞是'decided'，動作是'to sell its shares'。

The car industry has problems.

This sentence uses the present simple tense 'has' to describe a general situation. The subject is 'The car industry', the verb is 'has', and the object is 'problems'.本句使用現在簡單時態'has'描述一般情況。主語是'The car industry'，動詞是'has'，賓語是'problems'。

Rimac Group will now fully control Bugatti Rimac.

This sentence uses the future simple tense 'will control' to talk about a future action. The subject is 'Rimac Group', the verb phrase is 'will control', and the object is 'Bugatti Rimac'. The word 'now' adds emphasis.本句使用將來簡單時態'will control'談論未來動作。主語是'Rimac Group'，動詞短語是'will control'，賓語是'Bugatti Rimac'。單詞'now'加強語氣。

Porsche AG Sells Its Stake in Bugatti Rimac and Rimac Group to a Consortium Led by HOF Capital

Introduction

Porsche AG has agreed to sell its 45% stake in Bugatti Rimac and its 20.6% stake in Rimac Group to a consortium led by HOF Capital, with BlueFive Capital as the largest investor. This deal represents Porsche's complete exit from the joint venture established in 2021.

Main Body

Bugatti Rimac was created in 2021 as a joint venture between Porsche (holding 45%) and Rimac Group (holding 55%). The venture combined Bugatti, a luxury brand revived by Volkswagen Group in 1998 under Ferdinand Piech, with Rimac, a Croatian company that specializes in high-performance electric powertrains. The original Bugatti brand dates back to 1909, and its modern version returned under VW Group's management. In 2021, VW Group reduced its direct involvement by transferring Bugatti to the joint venture. Porsche's decision to sell its stakes comes at a time when the automotive industry is under pressure to consolidate. This pressure is caused by slowing growth, rising costs, and lower profit margins due to tariffs and political and trade problems. Porsche CEO Dr. Michael Leiters stated that the sale shows a focus on Porsche's core business. He also acknowledged that Porsche was an early-stage investor in Rimac Group and helped develop Rimac Technology into a Tier-1 automotive supplier. Mate Rimac, CEO of Bugatti Rimac, expressed gratitude for Porsche's support and indicated that the new ownership structure will allow the company to execute its long-term vision more quickly. Under the terms of the deal, Rimac Group will take full operational control of Bugatti Rimac and form a strategic partnership with BlueFive Capital and HOF Capital. Financial terms were not disclosed; however, Bloomberg reported that Mate Rimac had made an initial offer in 2025 that estimated the joint venture's value at slightly over €1 billion. HOF Capital was co-founded by a member of Egypt's Sawiris family, and BlueFive Capital is led by former Investcorp executive Hazem Ben-Gacem, who described the opportunity as extending beyond a financial transaction. Following the announcement, Porsche's shares on the Frankfurt exchange fell by 1.6% in early trading.

Conclusion

The sale shows Porsche's strategic refocusing as the automotive industry consolidates. Rimac Group now has full control of Bugatti Rimac with new financial partners, while Porsche has exited its investment in both the joint venture and Rimac Group.

Vocabulary Learning

consolidate

To combine companies or operations to become more efficient and competitive.合併，整合

Example:The automotive industry is under pressure to consolidate due to slowing growth and rising costs.

exit

The act of leaving an investment or business completely.退出

Example:This deal represents Porsche's complete exit from the joint venture.

joint venture

A business arrangement where two or more parties pool resources for a specific project.合資企業

Example:Bugatti Rimac was created in 2021 as a joint venture between Porsche and Rimac Group.

long-term vision

A plan or goal for the distant future, often guiding strategic decisions.長期願景

Example:The new ownership structure will allow the company to execute its long-term vision more quickly.

stake

A share or financial interest in a company.股份，股權

Example:Porsche AG has agreed to sell its 45% stake in Bugatti Rimac.

Sentence Learning

Bugatti Rimac was created in 2021 as a joint venture between Porsche (holding 45%) and Rimac Group (holding 55%).

Passive voice (was created) to focus on the action rather than who did it.被動語態（was created）強調動作本身而非執行者。

The venture combined Bugatti, a luxury brand revived by Volkswagen Group in 1998 under Ferdinand Piech, with Rimac, a Croatian company that specializes in high-performance electric powertrains.

Relative clause 'that specializes' describes Rimac; passive 'revived by' gives background.關係從句「that specializes」描述Rimac；被動語態「revived by」提供背景。

Porsche's decision to sell its stakes comes at a time when the automotive industry is under pressure to consolidate.

Relative clause 'when' links time to situation.關係從句「when」將時間與情況聯繫起來。

This pressure is caused by slowing growth, rising costs, and lower profit margins due to tariffs and political and trade problems.

Passive 'is caused by' shows cause-effect; 'due to' introduces reasons.被動語態「is caused by」顯示因果關係；「due to」引出原因。

Rimac Group now has full control of Bugatti Rimac with new financial partners, while Porsche has exited its investment in both the joint venture and Rimac Group.

'while' contrasts two simultaneous actions.「while」對比兩個同時發生的動作。

Porsche AG Divests Its Stake in Bugatti Rimac and Rimac Group to a Consortium Led by HOF Capital

Introduction

Porsche AG has agreed to sell its 45% ownership in Bugatti Rimac and its 20.6% stake in Rimac Group to a consortium led by HOF Capital, with BlueFive Capital as the largest investor. This transaction marks Porsche's complete exit from the joint venture established in 2021.

Main Body

Bugatti Rimac was formed in 2021 as a joint venture between Porsche (holding 45%) and Rimac Group (holding 55%). The venture combined Bugatti, a luxury brand revived by Volkswagen Group in 1998 under Ferdinand Piech, with Rimac, a Croatian specialist in high-performance electric powertrains. The original Bugatti marque dates to 1909, with its modern iteration returning under VW Group stewardship. In 2021, VW Group reduced its direct involvement by transferring Bugatti to the joint venture. Porsche's decision to divest its stakes comes amid mounting pressure on the automotive industry to consolidate, driven by slowing growth, rising costs, and margin compression from tariffs and geopolitical disruptions. Porsche CEO Dr. Michael Leiters stated that the sale demonstrates a focus on Porsche's core business, acknowledging the role of Porsche as an early-stage investor in Rimac Group that helped develop Rimac Technology into a Tier-1 automotive supplier. Mate Rimac, CEO of Bugatti Rimac, expressed gratitude for Porsche's support and indicated that the new ownership structure will allow faster execution of the company's long-term vision. Under the terms of the deal, Rimac Group will assume full operational control of Bugatti Rimac and form a strategic partnership with BlueFive Capital and HOF Capital. Financial terms were not disclosed; however, Bloomberg reported that Mate Rimac had made a preliminary offer in 2025 valuing the joint venture at slightly over €1 billion. HOF Capital was co-founded by a scion of Egypt's Sawiris family, and BlueFive Capital is led by former Investcorp executive Hazem Ben-Gacem, who described the opportunity as extending beyond a financial transaction. Following the announcement, Porsche's shares on the Frankfurt exchange declined by 1.6% in early trading.

Conclusion

The divestiture reflects Porsche's strategic refocusing amid broader automotive industry consolidation. Rimac Group gains full control of Bugatti Rimac with new financial partners, while Porsche exits its investment in both the joint venture and Rimac Group.

Vocabulary Learning

divest

To sell off or dispose of a business, investment, or asset.出售或剝離（業務、投資或資產）

Example:Porsche's decision to divest its stakes comes amid mounting pressure on the automotive industry to consolidate.

geopolitical disruptions

Disturbances or upheavals in international relations and politics that affect economic and business environments.地緣政治動盪（影響經濟和商業環境的國際關係與政治干擾）

Example:Porsche's decision to divest its stakes comes amid mounting pressure on the automotive industry to consolidate, driven by slowing growth, rising costs, and margin compression from tariffs and geopolitical disruptions.

margin compression

A reduction in profit margins due to increased costs or decreased prices.利潤率壓縮（因成本上升或價格下降導致的利潤率縮減）

scion

A descendant or heir, especially of a wealthy or influential family.子孫；後裔（尤指富裕或有影響力家族的繼承人）

Example:HOF Capital was co-founded by a scion of Egypt's Sawiris family.

stewardship

The responsible management or care of something, especially an organization or property.管理責任；照管

Example:The original Bugatti marque dates to 1909, with its modern iteration returning under VW Group stewardship.

Sentence Learning

Porsche AG has agreed to sell its 45% ownership in Bugatti Rimac and its 20.6% stake in Rimac Group to a consortium led by HOF Capital, with BlueFive Capital as the largest investor.

Main clause: "Porsche AG has agreed to sell... to a consortium". Object of "sell" includes two noun phrases coordinated by "and". "led by HOF Capital" is a reduced relative clause (past participle phrase) modifying "consortium". "with BlueFive Capital as the largest investor" is an absolute construction (prepositional phrase with a noun phrase and complement) providing additional information.主要子句：「Porsche AG has agreed to sell... to a consortium」。動詞「sell」的受詞包含兩個名詞短語，由「and」連接。「led by HOF Capital」是縮減關係子句（過去分詞短語），修飾「consortium」。「with BlueFive Capital as the largest investor」是獨立結構（介詞短語，包含名詞短語和補語），提供額外資訊。

The venture combined Bugatti, a luxury brand revived by Volkswagen Group in 1998 under Ferdinand Piech, with Rimac, a Croatian specialist in high-performance electric powertrains.

Main clause: "The venture combined Bugatti... with Rimac". Two appositive noun phrases: "a luxury brand revived by Volkswagen Group in 1998 under Ferdinand Piech" modifying "Bugatti", and "a Croatian specialist in high-performance electric powertrains" modifying "Rimac". The first appositive contains a reduced relative clause "revived by..." (past participle phrase). The second appositive is a simple noun phrase with a prepositional phrase.主要子句：「The venture combined Bugatti... with Rimac」。兩個同位語名詞短語：第一個修飾「Bugatti」的是「a luxury brand revived by Volkswagen Group in 1998 under Ferdinand Piech」，其中包含縮減關係子句「revived by...」（過去分詞短語）；第二個修飾「Rimac」的是「a Croatian specialist in high-performance electric powertrains」，為簡單名詞短語加介詞短語。

Porsche's decision to divest its stakes comes amid mounting pressure on the automotive industry to consolidate, driven by slowing growth, rising costs, and margin compression from tariffs and geopolitical disruptions.

Main clause: "Porsche's decision to divest its stakes comes". Subject includes an infinitive phrase "to divest its stakes". Prepositional phrase "amid mounting pressure on the automotive industry to consolidate" modifies "comes". The past participle phrase "driven by slowing growth, rising costs, and margin compression from tariffs and geopolitical disruptions" modifies "pressure". The list within "driven by" contains three noun phrases, the last with a prepositional phrase "from tariffs and geopolitical disruptions".主要子句：「Porsche's decision to divest its stakes comes」。主語包含不定詞短語「to divest its stakes」。介詞短語「amid mounting pressure on the automotive industry to consolidate」修飾「comes」。過去分詞短語「driven by slowing growth, rising costs, and margin compression from tariffs and geopolitical disruptions」修飾「pressure」。其中「driven by」後的三個名詞短語，最後一個包含介詞短語「from tariffs and geopolitical disruptions」。

Porsche CEO Dr. Michael Leiters stated that the sale demonstrates a focus on Porsche's core business, acknowledging the role of Porsche as an early-stage investor in Rimac Group that helped develop Rimac Technology into a Tier-1 automotive supplier.

Main clause: "Porsche CEO Dr. Michael Leiters stated that...". The "that" clause: "the sale demonstrates a focus on Porsche's core business". Then a present participle phrase "acknowledging the role of Porsche as an early-stage investor in Rimac Group that helped develop Rimac Technology into a Tier-1 automotive supplier". This participle phrase modifies the subject of the main clause (implied). Within it, "as an early-stage investor" is a prepositional phrase, and "that helped develop..." is a relative clause modifying "Rimac Group".主要子句：「Porsche CEO Dr. Michael Leiters stated that...」。「that」子句：「the sale demonstrates a focus on Porsche's core business」。然後是現在分詞短語「acknowledging the role of Porsche as an early-stage investor in Rimac Group that helped develop Rimac Technology into a Tier-1 automotive supplier」，修飾主要子句的主語（隱含）。其中「as an early-stage investor」是介詞短語，「that helped develop...」是關係子句修飾「Rimac Group」。

HOF Capital was co-founded by a scion of Egypt's Sawiris family, and BlueFive Capital is led by former Investcorp executive Hazem Ben-Gacem, who described the opportunity as extending beyond a financial transaction.

Compound sentence: two independent clauses joined by "and". First clause: "HOF Capital was co-founded by a scion of Egypt's Sawiris family". Second clause: "BlueFive Capital is led by former Investcorp executive Hazem Ben-Gacem". Then a non-restrictive relative clause "who described the opportunity as extending beyond a financial transaction" modifying "Hazem Ben-Gacem". The relative clause contains "as extending" which is a gerund phrase acting as object complement.並列句：兩個獨立子句由「and」連接。第一個子句：「HOF Capital was co-founded by a scion of Egypt's Sawiris family」。第二個子句：「BlueFive Capital is led by former Investcorp executive Hazem Ben-Gacem」。然後是非限制性關係子句「who described the opportunity as extending beyond a financial transaction」，修飾「Hazem Ben-Gacem」。關係子句中的「as extending」是動名詞短語，用作受詞補語。