Montreal, Quebec — Fix Network World has issued a press release related to unconfirmed rumours of an acquisition of Fix USA by Driven Brand and of plans to continue using Fix USA branding in its 150 locations.
According to the press release, the acquisition of Fix Auto USA and its intended use of the Fix Auto brand in the United States has “disappointed and alarmed” Mondofix Inc. (Fix Network World), which says it is the owner of the Fix Auto trademark and design in the United States and globally.
In a press release sent April 22, 2020, Steve Leal, president and CEO of Fix Network World said: “We were not aware of this transaction nor did we consent to any transaction between Driven Brands and FUSA, as is required under the license agreement with FUSA’s parent company. As such, we will pursue all legal avenues open to us to protect our lawful position as the owner of the Fix Auto trademark and design in the United States.”
Confirmation of the acquisition and further details will be provided on an ongoing basis.