Hoffmann Green: licensing agreement in US

(CercleFinance.com) - Hoffmann Green Cement Technologies announces the signature of a 30-year licensing agreement with a partner in the United States, who will be able to benefit from its 0% clinker technologies and replicate production units based on its H2 model.


In exchange for the industrial and technological transfer as well as exclusivity in the first American states, Hoffmann Green will receive an initial upfront fee of two million euros, as well as fixed annual royalties based on sales.

The agreement also gives the partner the option of sub-licensing Hoffmann units in the targeted states, and of extending the license to all US states until 2025, for a total upfront fee of E20m.


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