E-mobility meets M&A – Wolf Theiss advises Investindustrial on EUR 120 million investment

With the legal assistance of Wolf Theiss, the private equity firm Investindustrial invested EUR 120 million in the Croatian company Rimac Automobili, a leader in high-performance electric vehicle technology that is a majority shareholder in the joint venture Bugatti Rimac. The closing took place on 1 June 2022.

Under the supervision of Luka Tadić-Čolić (Partner, Corporate/M&A), the Wolf Theiss team in Zagreb successfully advised the private equity firm Investindustrial on its EUR 120 million investment in Rimac Automobili in the latest series D funding round.

Founded in 2009, Rimac Group d.o.o. (“Rimac Group”) develops and manufactures electric hypercars and high-performance components as well as technological solutions for electric vehicles on behalf of leading car manufacturers around the world such as Porsche, Hyundai, Aston Martin, Koenigsegg, and Automobili Pininfarina. It is a majority shareholder in the joint venture Bugatti Rimac, the owner of the brands Bugatti and Rimac Automobili.

By investing in the Rimac Group with an additional amount of EUR 120 million in the series D funding round, Investindustrial provides the resources needed to pursue the next exciting phase of growth. Since investing initially in 2021, Investindustrial has been supporting the company by leveraging its deep automotive experience – supporting the management as it continues to innovate, developing both world-leading electric and hybrid vehicles.

“We are proud to have participated and to have advised Investindustrial at the pivotal point in the sustainable transformation of this sector”, stated the Wolf Theiss M&A expert Luka Tadić-Čolić.

In addition to Luka Tadić-Čolić, the lawyers of the core team from the Wolf Theiss office in Zagreb were Saša Jovičić (Partner, Projects), Berislav Drašković (Assoaciate, Corporate), Benjamin Sadrić (Associate, Banking & Finance), Borna Dejanović (Senior Associate, Corporate), Ira Perić Ostojić (Consultant, Regulatory & Procurement), Luka Čolić (Senior Associate, Competition Antitrust), Marija Lalin (Associate, Corporate), Matea Lažeta (Associate, Corporate) and Sara Pavlović (Associate, Projects).