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CMS Advises Porsche on New EUR 500 Million Investment Round for Rimac

CMS Advises Porsche on New EUR 500 Million Investment Round for Rimac

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CMS has advised Porsche on a new EUR 500 million investment round into Rimac that also included, among others, Softbank and Goldman Sachs as new investors. Reportedly, Kunstek Halle & Simac, working with Latham & Watkins, advised Rimac on the deal.

Rimac Automobili is a Croatian electric supercar maker and technology group. Last year, CMS and Kunstek Halle & Simac advised on the formation of a joint venture between Rimac and Bugatti (as reported by CEE Legal Matters on July 8, 2021). An interview featuring both CMS and KHS about the legal work on the Rimac-Bugatti combination is available here.

The CMS team included Partner Marija Zrno-Prosic, Senior Associate Karmen Sinozic, and Lawyers Mario Vrdoljak and Iva Grgic.

Editor's Note: After this article was published Savoric & Partners informed that it had advised Softbank and Goldman Sachs on the deal, working with lead counsels White & Case and Linklaters, respectively.

The Savoric & Partners team advising on the Softbank investment was led by Partner Nina Radic Kuzik, while the firm's team advising Goldman Sachs was led by Partner Mia Lazic.

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