MCONOMY HAS WON LAWSUIT MUVIT BRAND

MCONOMY HAS WON LAWSUIT MUVIT BRAND

Category: Pers - on 27 June, 2017

Nieuw Vennep, June 27, 2017

Mconomy has won the lawsuit against Ascendeo SAS. This means that the exclusive rights to sell the brand muvit in the Netherlands, Luxembourg, Belgium and Germany remain at Mconomy.

Just over two years ago, this exclusive right was terminated one-sided by AscendeoSAS. Wrongly judged the court. “We are pleased that it has been determined that this was illegal and that this has now been restored by a court ruling. The rights of the muvit brand remain where they belong” said Edgar Hofstee, CEO of Mconomy. The impact was significant for Mconomy, which is one of the founders and owners of the brand muvit. The brand had an important role in Mconomy’s portfolio and violating distribution rights had a major impact. Mconomy is considering next steps and is consulting legal advisors on this topic.