Following weeks of speculation, it was today announced that Audi AG, part of the Volkswagen AG automative conglomerate, has acquired Ducati Motor Holding from Investindustrial, the private equity firm that owned Ducati. The agreement is still subject to approval by the European Union's Competition Commission, but it is unlikely to be refused such approval. The purchase is highly unlikely to have any immediate impact on either of Ducati's racing programs.
Below are press releases from Ducati, Audi and Investindustrial about the purchase:
Acquisition of Ducati Motor Holding by Audi Group
I am pleased to deliver the attached press releases issued today by Audi Group and by the Investindustrial Group regarding the planned change in ownership of Ducati Motor Holding.
The transaction, as reported in the releases, is subject to approval by the competent antitrust authorities and should take place in the coming months.
I am confident that the Audi Group will allow Ducati to continue strengthening its position in markets around the world. The announcement confirms the positive reinforcement of Ducati made in 2006 under the control of the Investindustrial Group.
Yours sincerely
Gabriele Del Torchio
Christian Bourgeois Philippe Bouzanne Ellis Boyce Helmut Bradl Stefan Bradl
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