Yahoo Sports Kylian Mbappé invests in German electronics company
According to a report by Bloomberg News, Kylian Mbappé (25) has invested in a German electronics company.
The Real Madrid star and France captain has bought a minority holding of more than 10% in Loewe Technology GmbH through his investment firm Coalition Capital. The German company specialise in high-end television and home cinemas, although they also develop other electronics such as speakers.
CEO for Loewe, Aslan Khabliev, told the American outlet that the footballer had previously worked with the company, “Kylian helped tremendously with a Bluetooth speaker we have developed with him.” Adding also that several of Mbappé’s teammates in the France national team had endorsed the product.
The American outlet writes that Loewe expects this investment to increase sales and possibly even position the company for an initial public offering.
Last month, Mbappé became the majority shareholder in Ligue 2 side SM Caen. The former Paris Saint-Germain forward similarly bought his shares in the club via Coalition Capital. In just a few months, Mbappé has quickly built up his growing investment portfolio.
