Viscofan S.A. has achieved an agreement to end the litigation against Mivisa Envases S.A.U, currently named Crown Foods España S.A.U.
Viscofan, S.A. and Crown Foods España S.A.U. has achieved an agreement which includes a cash compensation in order to conclude definitively all the legal controversies related with the patent num. ES 2256219 owned by Industrias Alimentarias de Navarra S.A.U, a subsidiary of Viscofan S.A. until March 2015.
The result of this agreement means a profit before taxes of around 6.7 million euros for Viscofan Group.