Settlement Reached Between ETC, Ditch Witch, Vermeer
When Ditch Witch acquired HammerHead Trenchless Equipment, owned by Earth Tool Co. (ETC) earlier this year in April, Vermeer took exception. The result was a lawsuit, the details of which were not released. However, ETC has announced a settlement has been reached between The Charles Machine Works Inc. (CMW), Earth Tool Co. LLC and Vermeer Corp. regarding litigation related to the purchase of ETC by CMW.
Based on the terms of the settlement, HammerHead Moles, HDD tooling and parts are now available through authorized Ditch Witch dealers worldwide. In addition, HammerHead Moles will be available non-exclusively through Vermeer dealers for a period of two years, HammerHead HDD tooling will be available non-exclusively for three years, and parts will be available through Vermeer dealers for 15 years. HammerHead ramming and bursting products are available through select authorized dealers, as well as direct from ETC. All HammerHead trenchless equipment will continue to be manufactured in Oconomowoc, Wisc., where ETC headquarters are located.
ETC, whose products are marketed under the brand HammerHead Trenchless Equipment, is a worldwide leader in the design and manufacture of innovative underground construction equipment including a complete line of HammerHead moles, HammerHead bursting products, HammerHead ramming tools, and HammerHead HDD tooling including TriHawk, Hawkeye, and SplineLok. Based on the terms of the settlement, HammerHead Moles, HDD tooling and parts are now available through authorized Ditch Witch dealers worldwide.
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