Cimco Marine AB (publ) has entered into an agreement regarding patent licenses with Seven Marine LLC and AB Volvo Penta
Cimco Marine AB (publ), the developer of the world’s first diesel outboard in the high power segment and consequently the world’s strongest real diesel outboard, has entered into an agreement with the manufacturer of the world’s strongest petrol outboard, the US company Seven Marine LLC, and AB Volvo Penta. The agreement primarily concerns the licensing of certain patents.Yesterday night, Volvo Penta announced the acquisition of a majority share in the US company Seven Marine LLC. In connection with the acquisition, Cimco Marine, Seven Marine and Volvo Penta have entered into an agreement