Sale: Porsche raises one billion euros with Rimac sale
Porsche is strengthening its focus on its core business with the sale. The influx of funds also improves the forecast for the net cash flow in 2026.
Porsche AG has completed the sale of its shares in Bugatti Rimac and the Rimac Group from Croatia, generating around €1 billion in revenue. The deal was finalized on Wednesday after receiving regulatory approval, following the signing of contracts in April. Porsche plans to use €250 million from the sale to further finance its pension obligations.
The sale is part of Porsche's efforts to focus on its core business, as the Volkswagen subsidiary has been implementing cost-cutting measures amid a sales crisis in China. The company now expects a higher net cash flow margin in its automotive sector for 2026.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
