Välinge Innovation has entered into an agreement with CFL (Creative Flooring) by which it obtains semi-exclusive licensing rights on 12 patent families owned by CFL which relate to MgO (magnesium oxide) boards and to certain multi-layered flooring technologies, such as polymeric boards with melamine paper layer.
“With this settlement, Välinge is able to avoid legal risks and broaden its licensing protection by offering its licensees access to CFL’s patent portfolio covering different aspects of new material flooring products in addition to Välinge´s strong patent portfolio in these product areas,” said Per Nygren, executive vice president, Välinge.”
“Innovation is the key driver of our company and of the flooring industry as a whole,” said Thomas Baert, president, CFL Flooring. “We are happy that our innovation efforts can now find their way to the global market through the main licensing companies of our industry.”
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