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HOF Consortium Completes Purchase of Bugatti

Bloomberg Markets Wednesday 09 September 2026, 19:53 UTC 1 min read
Key Points

Hisham Elhaddad, co-founder and managing partner of HOF Capital, joins Scarlet Fu on "Bloomberg Deals." Porsche said it will generate about €1 billion ($1.16 billion) from the sale of its stake in the venture that owns the Bugatti supercar brand. Under the transaction, Porsche fully divested its equity stake in Bugatti Rimac and its 20.6% holding in Rimac Group.

Hisham Elhaddad, co-founder and managing partner of HOF Capital, joins Scarlet Fu on "Bloomberg Deals." Porsche said it will generate about €1 billion ($1.16 billion) from the sale of its stake in the venture that owns the Bugatti supercar brand. Under the transaction, Porsche fully divested its equity stake in Bugatti Rimac and its 20.6% holding in Rimac Group. Porsche closed the sale to a consortium led by HOF Capital. (Source: Bloomberg)
HOF Consortium (ORG) Bugatti (ORG) Hisham Elhaddad (PERSON) HOF Capital (ORG) Scarlet Fu (PERSON) Porsche (ORG) Bugatti Rimac (ORG) Rimac Group (ORG) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →

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