VARTA AG and EVE Energy are pleased to announce that they have reached a settlement in their long-lasting legal disputes concerning patent infringement claims in the lithium-ion coin cell market. The agreement includes the dismissal of all legal proceedings against each other world-wide. The parties further agreed to explore common business opportunities and look forward to a mutually beneficial future business relationship.
Details of the settlement remain confidential.
About VARTA AG
VARTA AG produces and markets a comprehensive battery portfolio ranging from microbatteries, household batteries and energy storage systems to customised battery solutions for a wide range of applications. Through intensive research and development, VARTA AG sets global standards in many areas of lithium-ion technology and microbatteries, making it the recognised innovation leader in the key growth markets for lithium-ion technology and primary hearing aid batteries. The VARTA AG Group currently employs around 4,000 people. With five production and manufacturing facilities in Europe and Asia as well as distribution centres in Asia, Europe and the USA, VARTA AG's operating subsidiaries are currently active in over 100 countries worldwide.