By Elias Schisgall
UST is buying a majority stake in the design firm Italdesign.
The Aliso Viejo, Calif,-based technology company and Audi Group, which owns Italdesign's parent company Lamborghini, said Wednesday that the acquisition would leverage UST's engineering and technological expertise with Italdesign's experience in automobile design and production.
The deal will also allow Italdesign to expand its global footprint, the companies said.
Lamborghini will retain a significant stake in Italdesign, which will also continue partnering with Audi, the companies said.
The companies did not disclose the financial details of the transaction.
The acquisition "will allow Italdesign to accelerate the expansion of its service portfolio in new markets and achieve deeper penetration in various international markets," Italdesign Chief Executive Antonio Casu said.
"Italdesign is aiming to become the first full integrator of hardware and software worldwide, both in the automotive sector and across other high--technology industrial sectors," he added.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
December 10, 2025 13:21 ET (18:21 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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