Stertil BV resolves licence issue
18 March 2019
Stertil BV has agreed to provide Vehicle Service Group (VSG) a global licence for a scissor lift patent.
Stertil BV and Vehicle Service Group (VSG) with its operative companies Ravaglioli S.p.a., Italy and BlitzRotary, Germany have entered into a Settlement Agreement which ends a number of law suits related to patents owned by Stertil BV.
Stertil BV has agreed to provide VSG the licence to use the International Application WO 2007/148960 globally for scissor lifts.
Bennie Stapensea, marketing & sales director of the Stertil Group BV said: “We are pleased to announce that an amicable agreement has been reached between the Stertil Group B.V. and the Vehicle Service Group in this particular case. At Stertil as global market leader we are focused on providing value-added innovative product solutions to our customers in the heavy vehicle lifting industry.
“Our goal is to exceed customer expectations by developing complete differentiated vehicle lifts and be at the forefront of setting new industry standards. To this end, Stertil is committed to protecting its Intellectual Property and patents in order to invest now and in the future”.
Frank Scherer, Vice President and Managing Director, VSG EMEA added: “We are delighted to receive from the Stertil Group B.V. a global licence, which allows VSG to continue offering best in class vehicle service equipment. Our customers are our highest priority and we remain dedicated to maintaining the very best of support and service that they have come to expect from us.”