RHENEN, NETHERLANDS and MUNICH, June 18,
2024 /CNW/ -- Bound2B B.V. and Xolution Germany
GmbH, the creators of several re-sealable beverage can patents and
technologies, today announced the settlement of a
dispute relating to the infringement of European Patent 1 708
930, covering a re-sealing device and a re-sealable can.
The dispute included a preliminary injunction obtained by
Bound2B against Xolution at the District Court Düsseldorf in
March 2024.
The parties achieved their common objective to provide legal
certainty for each other and along the value chain for the past,
present and future. This includes the termination or release
of any infringement procedures, disputes and litigations between
the parties, including Xolution's direct and indirect customers and
suppliers
The settlement also includes Xolution's acquisition of the
patent family for Bound2B's re-sealable can solutions, in
particular European Patent 1 708 930 and US Patents 7,819,280 and
7,823,740. Thus, moving forward, Xolution will enjoy freedom to
operate also under the IPs purchased from Bound2B.
About Bound2B B.V.
Bound2B, based in the
Netherlands, is an innovations company focusing on the
development of new products and solutions for a range of
industries, with a particular emphasis on the global drinks market.
The company is the creator of several re-sealable beverage can
patents including re-sealable end for drinks cans, used by high
profile, global drinks manufacturers including The Coca-Cola
Company and Monster Beverage Corporation. For more information,
visit https://bound2b.com
About XOLUTION Germany GmbH
Xolution Germany GmbH, based in Munich, Germany, is an innovation company
focused on the development, production and distribution of
re-sealable beverage can lids used by global beverage
manufacturers. Further information can be found at
https://xolution.com
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SOURCE Bound2B