Global law firm Freshfields has advised Bahrain Mumtalakat Holding Company B.S.C.(c) (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, on the acquisition by CYVN Holdings LLC (CYVN), an advanced mobility operator and investment vehicle, based in Abu Dhabi of McLaren Automotive and a non-controlling stake in McLaren Racing.

This follows the strategic agreement that CYVN signed in December 2024 with Mumtalakat which was subject to customary closing conditions and obtaining regulatory approvals.

This milestone marks a significant step in CYVN's strategy to build a leading, globally connected mobility platform and unlock McLaren's full potential in the high-performance automotive sector. The completion of this transaction also aligns with Mumtalakat’s strategy to optimize and enhance its portfolio, while ensuring sustainable long-term financial returns. 

The Freshfields team was led by partners Rhys Evans and Pervez Akhtar, as well as senior associate Olivia MacKay and associates Maya Haria and Grace Smithson.