Välinge has terminated its license agreements on glueless mechanical locking system with the Chinese laminate producers Jiangsu Better Decorative Materials Co., Ltd. and Changzhou Haokai Decorative Materials Co., Ltd. The licenses are terminated due to non-compliance with the contractual provisions of each license agreement.
The companies Jiangsu Better Decorative Materials Co., Ltd. and Changzhou Haokai Decorative Materials Co., Ltd. can from now on no longer claim to be a licensee of Välinge, nor can the companies continue to produce products utilizing this unique patented technology to their customers under their now terminated agreements, according to Välinge. The companies have been holding a license for Välinge's 2G locking system since 2011, used on their laminate products.
Välinge terminates two Chinese licensing agreements
March 19, 2012