The Swedish manufacturer of sports cars, Koenigsegg, is receiving an investment of approximately half a billion kronor and gets a new part-owner, the company announces in a press release.
In connection with a new issue of shares, the New York-based fund Chieftain Capital Management is investing 50 million euros in the company. The fund is thereby acquiring an ownership stake of under 10 percent in the vehicle manufacturer.
We are retaining majority ownership, says founder Christian von Koenigsegg to Dagens Industri.
Among Koenigsegg's owners was previously the electric car company Nevs, which withdrew last year after its parent company – Chinese Evergrande – collapsed.
When we bought out Nevs, we used our own money and there is a hole to fill, at the same time as we have big future plans for new exciting cars and this new issue of shares gives us more room to maneuver, says Christian von Koenigsegg to the newspaper.
Koenigsegg manufactures exclusive sports cars in Ängelholm, Skåne. The company's car models have over the years set several speed records, and have price tags of over 30 million kronor each.
Corrected: In an earlier version, the incorrect amount of the investment was stated in the second paragraph.
