Announced
Completed
Financials
Tags
Private
Single Bidder
Croatia
automotive components
Minority
Friendly
Acquisition
Auto Parts
Cross Border
Completed
Synopsis
Porsche, a German automobile manufacturer, completed the acquisition of an 8.5% stake in Rimac Automobili, a car parts manufacturer, for $83m. "We’re proud to work together on new exciting and electrified products and of the fact that Porsche’s trust in Rimac resulted in several rounds of investment, making Porsche an important shareholder of the company," Mate Rimac, Rimac Automobili Founder and CEO.
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