CYVN Completes Acquisition of McLaren Automotive
Deal News | Apr 03, 2025 | Zawya
CYVN Holdings LLC, an advanced mobility operator based in Abu Dhabi, and Bahrain Mumtalakat Holding Company BSC(c), the Kingdom of Bahrain's sovereign wealth fund, have announced the completion of CYVN's acquisition of McLaren Automotive and a non-controlling stake in McLaren Racing. This transaction, which follows a strategic agreement signed in December 2024, marks a significant move in CYVN's efforts to establish a global mobility platform. Meanwhile, Mumtalakat aims to optimize its portfolio, ensuring sustainable, long-term financial returns.
Sectors
- Automotive
- Investment Management
Geography
- United Arab Emirates – CYVN Holdings LLC is based in Abu Dhabi, which is in the United Arab Emirates.
- Bahrain – Bahrain Mumtalakat Holding Company BSC(c) is the sovereign wealth fund of the Kingdom of Bahrain.
Industry
- Automotive – The acquisition involves McLaren Automotive, a company in the high-performance automotive sector.
- Investment Management – CYVN Holdings LLC and Bahrain Mumtalakat Holding Company BSC(c) are both involved in investment management operations, particularly in strategic sectors like mobility and automotive.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CYVN Holdings LLC | Acquirer | Company | An advanced mobility operator and investment vehicle based in Abu Dhabi. |
| Bahrain Mumtalakat Holding Company BSC(c) | Co-Investor | Company | The sovereign wealth fund of the Kingdom of Bahrain. |
| McLaren Automotive | Target Company | Company | A company in the high-performance automotive sector. |
| McLaren Racing | Target (Non-controlling Stake) | Company | Part of the McLaren Group focused on motor racing activities. |