FSC is terminating the Trademark License Agreement (TLA) of the eight certificate holders belonging to 𝐭𝐡𝐞 𝐕𝐢𝐧𝐝𝐚 𝐠𝐫𝐨𝐮𝐩 through a mutually agreed termination agreement. Hence, the Vinda group can no longer be associated with FSC because it was recently acquired by 𝐭𝐡𝐞 𝐑𝐨𝐲𝐚𝐥 𝐆𝐨𝐥𝐝𝐞𝐧 𝐄𝐚𝐠𝐥𝐞 (𝐑𝐆𝐄) 𝐠𝐫𝐨𝐮𝐩. FSC disassociated from the RGE group, which includes 𝐀𝐏𝐑𝐈𝐋, in August 2013. According to the mutual termination agreement: ⏩The TLAs of all the Vinda certificate holders will be terminated effective 30 September 2024. Therefore, after the termination becomes effective, these companies can no longer produce products with FSC claims, and they cannot claim that they are FSC-certified. ⏩The liquidation period of all FSC-labelled products produced up to and including 30 September 2024 may be sold with an FSC label until 31 December 2024. This means that Vinda can no longer sell products with FSC claims after this date. 💡Check out the case background and the list of terminated Vinda certificate holders here: https://lnkd.in/ghP4pGmj 💡Read more about what happens when a certificate holder is acquired by a disassociated corporate group in this set of FAQs: https://lnkd.in/g9pXas2d 📝 Keep up with the rapid developments in APAC! Subscribe to our monthly newsletter: bit.ly/Hello_FSCapac
