Audi Completes Acquisition of Ducati
Ducati Sale News
Back on April 18, the supervisory boards of Audi AG and parent company Volkswagen approved Audi’s purchase of Ducati Motor Holding.
Due to legal matters involving antitrust clearances, though, the acquisition of Ducati from the private equity firm Investindustrial wouldn’t be immediately official. But that all changed Thursday when Ducati reported that the acquisition has been fully completed through Audi AG’s controlled company, Automobili Lamborghini S.p.A.
And with this acquisition, Audi AG appointed new board of directors and executive staff at Ducati Motor Holding.
The CEO of Audi AG, Rupert Stadler, became President of the Board, and Ducati’s Gabriele Del Torchio and Claudio Domenicali were appointed Members of the Board alongside Horst Glaser and Axel Strotbek of Audi AG.
The Board of Directors then additionally appointed Gabriele Del Torchio as CEO of Ducati Motor Holding and, during the same meeting, formed the new Ducati Motor Holding Executive Committee of Members of the Board, members of the Ducati Motor Holding Management and further appointing Gabriele Del Torchio as President.
Audi AG also made the decision to appoint Gabriele Del Torchio to the Board of Directors of Automobili Lamborghini SPA.
Following the sale, Ducati became third Italian company under Audi leadership, residing next to renowned supercar brands Lamborghini and Italdesign. For additional details on the sale, click here.
Founded in 1926, Ducati has been producing sport-inspired motorcycles since 1946. Their motorcycles are characterised by “Desmodromic” performance engines, innovative design and avant-garde technology. Covering several market segments, Ducati’s range of motorcycles are divided into model families which include: Diavel, Hypermotard, Monster, Multistrada, Streetfighter and Superbike.
These authentic icons of “made in Italy” are sold in over 80 countries around the world, with concentration on the European, North-American and Asia Pacific markets. Ducati competes in both the World Superbike Championship and, with an official team, the World MotoGP Championship. In Superbike Ducati has won 17 Manufacturers’ titles and 14 Riders’ titles and in 2011 passed the historic milestone of 300 race victories. Ducati have participated in MotoGP since 2003, and took both the Manufacturers’ and Riders’ titles in 2007.Google+