Today, the Peikko Group Corporation filed a legal action against the Anstar Oy company regarding the Anstar’s product called A-BEAM S-type. With this legal action, based on the valid patent and EU trademark, Peikko asks the Market Court to ban Anstar from manufacturing, marketing, and selling the product in question.
“Now, Peikko asks the Market Court of Finland for a verdict in this case, where Peikko clearly evaluates that their intellectual property rights have been violated. Every company that invests in their own product development and own intellectual property rights would act similarly. We have more than 30 employees working on Peikko’s product development team and the annual R&D costs have been between 5-6 MEUR during the previous years. It just cannot be accepted that one company develops a product, and the other one capitalizes on it – defending one’s rights is a normal practice”, comments Topi Paananen, CEO of the Peikko Group Corporation.
Topi Paananen, CEO, Peikko Group Corporation
Mobile +358 50 384 3001, email [email protected]
Peikko Group in brief: Peikko Group Corporation is a leading global supplier of slim floor structures, wind energy applications and connection technology for precast and cast-in-situ construction. Peikko’s innovative solutions offer a faster, safer, and more efficient way to design and build. Peikko has sales offices in over 30 countries in Asia-Pacific, Europe, Africa, the Middle East, and North America, with manufacturing operations in eleven countries. Peikko generated a turnover of EUR 231 million in 2019. Peikko is a family-owned and managed company that employs over 1,800 professionals. Peikko was founded in 1965 and is headquartered in Lahti, Finland. Further information: www.peikko.com.