17
Mon, Jun
67 New Articles

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

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

Croatia
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

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.

Our Latest Issue