Juventus have signed Domenico Berardi from Sassuolo while Luca Marrone moves in the opposite direction, both in co-ownership deals.
The Serie A champions had been keeping tabs on the 19-year-old for a while and have now purchased 50 per cent of the attacker's economical rights.
Berardi came through the ranks of the Sassuolo youth academy and had developed into a key player at the Serie A side since making his official first team debut.
He netted 11 goals in 37 appearances last term to help Sassuolo win promotion to Italy's top flight, thus attracting the interest of a number of clubs.
Manchester United had also been linked with the Italy Under-19 star, but Juventus have now won the race for his signature.
Meanwhile, the 23-year-old Marrone will continue his career at Sassuolo after failing to secure regular first-team action at Juve.
The holding midfielder, who can also feature in defence, made 10 league appearances last term, but he has moved away due to the stiff competition for places at the Bianconeri.