When did Engel & Volkers U.S. Holding GmbH subfranchise rights for the remainder of the Caribbean and Central America to Engel & Volkers?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
Our direct parent, U.S. Holding GmbH, has been granted an exclusive master license regarding the residential real estate brokerage sector to use the Engel & Völkers System (described below) and the ENGEL & VÖLKERS® and E&V® Trademarks (described in Item 13) in the United States, Mexico Cayman Islands, Belize and The Bahamas. On January 9, 2006 U.S. Holding GmbH exclusively sublicensed those rights in the United States to us. In July 2016 they also exclusively subfranchisedto us those rights for Mexico, Cayman Islands, Belize and The Bahamas. In September 2018 they exclusively subfranchised to us those rights for the remainder of the Caribbean and Central America. In March 2024, U.S. Holding GmbH also granted us an exclusive license to use the the ENGEL & VÖLKERS® and E&V® Trademarks in the commerical real esate segment. U.S. Holding GmbH has also been granted an exclusive master franchise regarding the yachting brokerage segment of the Engel & Völkers Yachting System (described below) and the ENGEL & VÖLKERS™, E&V™, GG® and GG GLOBAL GUIDE® Trademarks in the United States. U.S. Holding GmbH exclusively sublicensed those rights to us in September 2012. U.S. Holding GmbH is not engaged in any other business activities.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–15)
What This Means (2025 FDD)
According to Engel & Volkers's 2025 Franchise Disclosure Document, Engel & Volkers U.S. Holding GmbH exclusively subfranchised rights to Engel & Volkers for the remainder of the Caribbean and Central America in September 2018. Prior to this, Engel & Volkers U.S. Holding GmbH had granted Engel & Volkers rights in other regions. Specifically, on January 9, 2006, rights were sublicensed in the United States, and in July 2016, rights were subfranchised for Mexico, the Cayman Islands, Belize, and The Bahamas.
In March 2024, Engel & Volkers U.S. Holding GmbH granted Engel & Volkers an exclusive license to use the ENGEL & VÖLKERS® and E&V® trademarks in the commercial real estate segment. Additionally, Engel & Volkers U.S. Holding GmbH exclusively sublicensed rights to Engel & Volkers in September 2012 for the yachting brokerage segment of the Engel & Völkers Yachting System within the United States.
These subfranchising and licensing agreements allow Engel & Volkers to operate and expand its brand presence in various regions and market segments. The initial focus was on residential real estate brokerage, with later expansions into commercial real estate and yachting. The ongoing amendments and grants of rights indicate a strategic effort to broaden Engel & Volkers's market reach and service offerings under the established trademarks and systems.