Company Is Accepting Marketing Stop for Specific Algaecides
HOF, GERMANY–(Marketwired – Apr 30, 2013) – Tetra GmbH has recognised the full scope of the civil action launched by its German competitor Söll GmbH before the Hamburg Regional Court on April 10, 2013. Tetra GmbH has its headquarters in Melle, Germany and has been a part of the American group Spectrum Brands Inc. since 2005 that is listed on the stock exchange.
That is the content of a corporate report from Söll GmbH on this legal action. Its subject matter was marketing the algaecide Tetra Pond Algo Rem for ponds that contains the non-permitted active ingredients of aluminium hydroxide chloride. Söll GmbH submitted that civil action against marketing algaecides with the active ingredients of aluminium hydroxide chloride to the Hamburg Regional Court at the end of 2008.
The Hamburg Regional Court submitted questions for interpreting the applicable biocide guideline to the court of Justice of the European Union and it smoothed the way to the judgement by confession that was rendered. Tetra GmbH is now obliged to omission, compensation for damage and disclosure to Söll GmbH. After Tetra GmbH rejected a proposal for an arrangement for settling disclosure and the claims to compensation for damage, Söll GmbH is intending to lodge action by stages against Tetra GmbH for disclosure and compensation for damage at the Hamburg Regional Court. The amount of the demands is scaled according to the scope of marketing the algaecides with non-permitted active ingredients and the damage that Söll GmbH has incurred and will incur from marketing in future.
Incidentally, Söll GmbH was able to discover that the successor product Tetra Pond Crystal Water that is currently being marketed in Europe also contains the active ingredients of aluminium hydroxide chloride. That means that marketing this product will also be taken into account when calculating the compensation for damage.
Some Facts about Söll GmbH
Söll GmbH was established in Hof, Germany, in 1994 and is a specialist with activities all over the world for maintaining and preparing water in a fashion close to nature. The company’s core business is developing and producing environmentally compatible products for garden and commercial ponds, aquariums and swimming pools. Söll GmbH is also active in analysing water and filter technology and markets ornamental fish food from sustainable fishing under the brand name of Organix with the MSC ecoseal.
Furthermore, Söll GmbH has been a partner of WWF Germany since 2012 and has been supporting the valuable work of this nature and environmental organisation that is committed to maintaining our oceans. Söll GmbH is certified in conformity with ISO 9001:2008 and environmentally certified in conformity with ISO 14001:2009. The company employs 70 people and invests in a high level in research and development. The innovations of Söll GmbH are protected by more than 100 commercial property rights.
Source: Market Wired