Procter & Gamble has “amicably” settled its 17-month lawsuit against Kraft Foods regarding patents for a plastic container for ground coffee.
P&G, which previously manufactured Folgers products until selling the brand to J.M. Smucker in June 2008, sued Kraft in August 2007, claiming that Kraft’s 4-pound plastic Maxwell House ground coffee container infringed on P&G’s patent for a Folgers ground coffee container introduced in 2003.
Although no details were provided, including the financial terms, P&G legal officer Steve Jemison says the company “was delighted with the terms of this settlement,” and Kraft general counsel Marc Firestone says the company was “pleased to settle this matter with P&G in such an efficient and pragmatic way.”
P&G, Kraft settle coffee container suit
March 1, 2009