Beaulieu Patents and Trademarks to be Sold in Sealed-Bid Auction Bid Submission Deadline - April 18, 2019
SAN DIEGO, Feb. 19, 2019 /PRNewswire/ -- Heritage Global Patents & Trademarks has been appointed to auction the Intellectual Property of Beaulieu Group, LLC and/or the Beaulieu Liquidating Trust.
Auction to Include:
All rights of Beaulieu Group, LLC and/or the Beaulieu Liquidating Trust to various Patents & Trademarks, including: BLISS BY BEAULIEU HEALTHYTOUCH and BLISS BY BEAULIEU EVERCLEAN.
BEAULIEU LIQUIDATING TRUST PATENTS:
Beaulieu Worldwide Patent Portfolio consisting of 24 Granted Carpet Manufacturing Patents and 4 Patent Applications. The inventions include:
- Yarn Accumulator
- Polymer Manufacturing Process
- Thermoplastic Polymer Composition
- Lightweight Carpet Product and Method of Manufacture
- Carpet Tile with Better Ventilation During installation
- Recyclable Carpet Comprising Hot Melt Adhesive Composition.
BEAULIEU LIQUIDATING TRUST TRADEMARKS:
The Beaulieu Trademark Portfolio is comprised of two sets of trademark rights:
1. Full ownership (subject to permitting a one-year sell-off license) for over 40 US trademarks, including brands:
- SILVER RELEASE and the "NICEST CARPET IN THE WORLD" slogan for various carpet, carpet tile, carpet yarn and textiles, and carpet treatment goods and services.
2. An exclusive, perpetual, royalty-free, license to hundreds of international trademark registrations for many of the same and additional Beaulieu brands, including the following marks available for usage only outside the U.S.:
- BEAULIEU B
- BEAULIEU AMERICA
- MAGIC FRESH
- and others registered in markets around the world
Ross Dove, CEO of Heritage Global: "The internationally known Beaulieu brand name speaks for itself - this is an exceptional opportunity to acquire a collection of the premier patents and trademarks in the carpet manufacturing and retailing world."
About Heritage Global Inc. www.heritageglobalinc.com
Heritage Global Inc. (HGBL)(HGP.CN) is a value-driven, innovative leader in corporate and financial asset liquidation transactions, valuations and advisory services. Heritage Global focuses on identifying, valuing, acquiring and monetizing underlying tangible and intangible assets in twenty-eight global manufacturing and technology sectors. Heritage Global acts as an adviser, as well as a principal, acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, accounts receivable portfolios, intellectual property, and entire business enterprises.
About Heritage Global Patents & Trademarks
"Converting Gray Matter into Green"
Heritage Global Patents & Trademarks is the Intellectual Property Division of Heritage Global Inc. and provides a platform for corporations to monetize non-commercialized, non-core, and non-strategic patents representing only ongoing costs - but whose market value deteriorates with every year of non-use.
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