AGCO continues successful protection of Massey Ferguson Brand in India

AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced that on November 18, 2024, the Madras High Court overturned an interim injunction in the trademark dispute with Tractors and Farm Equipment Limited (TAFE), who had previously been granted a license to use its trademarks in India, holding that the injunction was unjustified and confirming that AGCO is the registered proprietor and owner of the Massey Ferguson trademarks in India.

This latest successful court decision for AGCO follows a series of multiple favorable rulings for AGCO, where TAFE’s claims on jurisdiction, contempt of court, supply arrangements and brand ownership have all been dismissed by the Courts, including at the Supreme Court level.

AGCO remains steadfast in its proud ownership of the 177-year-old Massey Ferguson brand and trademarks globally, including India, and will continue to vigorously defend its position. India is critical for the future of agriculture, and AGCO is committed to Indian farmers who deserve straightforward, dependable and high-quality equipment to help them grow profitably and advance farming best practices. In line with AGCO’s Farmer-First strategy, AGCO and Massey Ferguson will always put India farmers first.

As announced on September 30, 2024, AGCO issued termination notices to TAFE for the Massey Ferguson brand license agreement. These terminations followed inappropriate and unauthorized actions taken by TAFE that AGCO believes breached the various agreements. Simultaneously, AGCO commenced legal proceedings against TAFE in India related to the use of the Massey Ferguson brand following delivery of these termination notices, which proceedings are ongoing before Indian courts.