PresseBox
Press release BoxID: 463197 (KHD Humboldt Wedag International AG)
  • KHD Humboldt Wedag International AG
  • Colonia-Allee 3
  • 51067 Köln
  • http://www.khd.com
  • Contact person
  • Stefan Bulfon
  • +49 (611) 205855-65

KHD Humboldt Wedag International AG: Settlement of a dispute with Claudius Peters Projects GmbH

(PresseBox) (Cologne, ) Claudius Peters Projects GmbH ("CPP") and KHD Humboldt Wedag GmbH ("KHD") have settled all disputes relating to or arising out of alleged patent infringement, validity of, and/or breach of intellectual property rights in and to the ETA Cooler technology and other related matters. CPP and KHD have entered into a comprehensive settlement agreement and a non exclusive, conditional, and non-transferable license agreement for use of defined aspects of the ETA Cooler technology. All pending litigation between CPP and KHD will be withdrawn. KHD will pay to CPP a lump-sum settlement in the amount of EUR 1.5 million.

Additional Information:

ISIN: DE0006578008
German Securities Identification Number (WKN) of the shares: 657800
Trading segment: Regulated market (General Standard) of the Frankfurt Stock Exchange

KHD Humboldt Wedag International AG
Colonia-Allee 3
51067 Cologne
Germany