UST Acquires Majority Stake in Italdesign, Forming Strategic Partnership with Audi Group

UST, a global transformation company, has signed an agreement to acquire a majority stake in Italdesign, forming a strategic partnership with the Audi Group. This collaboration aims to integrate UST's expertise in AI-powered automotive engineering and digital design with Italdesign's strengths in vehicle and product design.

Lamborghini, part of the Audi Group, will retain a stake in Italdesign. Together, UST and Italdesign plan to expand their service offerings and international presence. As part of this agreement, UST will leverage its worldwide footprint to broaden Italdesign's market reach. The partnership signifies a commitment to developing advanced, digitally enabled vehicles, optimizing capabilities from concept design to production systems.

The transaction, pending regulatory approvals, reaffirms Italdesign's role within the Audi Group, maintaining continuity and collaboration in automotive design and engineering.