EXCLUSIVE LICENSING AGREEMENT FOR BONFIGLIOLI TO MANUFACTURE AND SELL CVTCORP mCVT PATENTED TECHNOLOGYExclusive Licensing Agreement • October 9th, 2018
Contract Type FiledOctober 9th, 2018CVTCORP, a world leader in the design and development of revolutionary, high-efficiency mechanical Continuously Variable Transmissions (mCVT) for the off-highway market, and Bonfiglioli, a worldwide designer, manufacturer and distributor of a complete range of geared motors, drive systems, planetary gearboxes and inverters, announced they have entered into an exclusive licensing agreement for Bonfiglioli to manufacture and sell the CVTCORP mCVT patented technology for telehandlers and other equipment. The cooperation between Bonfiglioli and CVTCORP will also include developing a full line of transmissions based on the currently available mCVT.