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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.

Croatian Knowledge Partner

Čipčić-Bragadin Mesić & Associates is one of the leading law firms in Croatia that serve companies, credit & financial institutions and public entities. We have been recommended and recognized as the legal experts and service leaders by many leading international legal guides for more than 15 consecutive years. With roots dating from 1928. we now probably have more tradition, experience and market presence than almost any other law firm in Croatia. We work closely with the leading international law firms and consultants so we’re able to manage complex, cross-border projects and deals seamlessly and successfully. Around 85% of our clients are international enterprises doing business in Croatia. List of our clients include some of the world-renowned companies such as Amazon Europe Core, China Machinery Engineering Corporation, Tate & Lyle, Nafta a.s., Unilever Croatia, Unilever Hungary, Lenovo, Innoenergy CE, Flixmobility, Flixbus CEE South, Okoenergie Group, CTC Holding, Bunge Limited, Chipita, Rolls-Royce, Canvas Holidays, Vacalianselect, Redgate Software, Red gate Investment, Yahoo!, Aston Martin Lagonda, Domino Printing UK, Domino Printing Sciences, Goldman Sachs, Deutsche Bank, Barclays Bank, HSBC, State Street Bank, Citigroup Global Markets, Credit Suisse, Bank of America Merill Lynch, Standard Chartered, Och-Ziff Capital Management, Amundi Asset Management, Altima International, Red Arc Global Investments, SMBC Nikko Capital Partners, Royal Bank of Scotland, Morgan Stanley International, J.P. Morgan group, Allianz Global Investors, Schroders, Macquarie Bank, Digital Finance International, Winton Capital Management, Citibank, Invesco Asset Management Österreich, Croatian Pension Investment Company, Unicredit Bank AG etc. We enjoy learning about our clients’ businesses and want to understand them completely so we can provide the best possible and complete service.

All News about, and Legal Analysis by, Čipčić-Bragadin Mesić & Associates can be found here.

Firm's website: cipcic-bragadin.com


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