UST Co. LtdUST completes acquisition of majority control and operational oversight of Italdesign.
US technology company UST has completed its purchase of a majority stake in Italian design and engineering firm Italdesign from Audi Group, part of Germany's Volkswagen. The deal, whose financial terms were not disclosed, was signed in December 2025. Following completion, UST now has majority control and operational oversight of Italdesign, which employs more than 1,300 people across ten sites worldwide. UST, headquartered in California, plans to back Italdesign's growth across its international footprint spanning over 30 countries. Lamborghini, Audi's performance-vehicle arm and formerly Italdesign's parent, retains a significant stake and remains within the Audi Group, while Audi will continue to work with Italdesign as a client and strategic partner. The combined offering will span from concept and design to hardware and software development and production systems, leveraging UST's expertise in digital engineering, AI, and technology transformation.
UST Co. LtdUST completes acquisition of majority control and operational oversight of Italdesign.
Volkswagen AGAudi/Volkswagen divests majority stake in Italdesign to UST, a portfolio/M&A move for the group.
Volkswagen AG VZO O.N.Volkswagen's Audi unit completes sale of Italdesign majority stake to UST.
Italdesign gains new majority owner UST backing its international growth.
Audi sells Italdesign majority stake but retains a significant stake and stays a client/strategic partner.