Välinge has signed an agreement with Anhui Sentai WPC Tec Flooring Co., which provides the Chinese floor producer with an extended protection for its luxury vinyl tile (LVT) and wood plastic composite (WPC) products.
Välinge’s patent portfolio for LVT and WPC products has been available for their licensees for over 10 years. In 2012, Välinge strengthened its IP protection for LVT flooring products with mechanical locking systems by signing a cross-license agreement with Mannington. This agreement provided Välinge the exclusive right to sub-license the Mannington IP rights related to LVT locking technology.
Since the beginning of the year, Välinge has also been able to offer an extended IP protection to manufacturers of WPC and LVT flooring. In addition to Välinge and Mannington IP rights, the extended protection comprises non-assertion undertakings on Unilin, Pergo, IVC, Balterio and Windmöller IP rights related to LVT/WPC products, processes and locking as well as USFloors IP rights related to WPC products.
Anhui Sentai WPC has now signed an amendment to its existing license agreement that gives Välinge access to this extended IP protection for WPC and LVT flooring.
For more information, visit valinge.se.