Audi has announced that it is acquiring Italian sports motorcycle manufacturer Ducati Motor Holding S.p.A.
Audi has announced that it is acquiring Italian sports motorcycle manufacturer Ducati Motor Holding S.p.A. The Supervisory Boards of AUDI AG and Volkswagen AG approved the acquisition today in Hamburg.
Rupert Stadler, Chairman of the Board of Management of AUDI AG, declared: “Ducati is known worldwide as a premium brand among motorcycle manufacturers and has a long tradition of building sporty motorcycles. It has great expertise in high-performance engines and lightweight construction, and is one of the world’s most profitable motorcycle manufacturers. That makes Ducati an excellent fit for Audi.”
According to Audi, Ducati’s progressive control systems and special combustion chamber process of Ducati engines and Ducati’s extensive know-how in lightweight construction will be an asset for Audi and VW.
It’s being reported that Audi paid $1.1 billion for Ducati.