Välinge has signed a license agreement with the Chinese flooring company Dongguan Bin Peng Environmental Protection for use of Välinge’s patented technologies including a mechanical locking system in its LVT flooring products.
The exclusive license agreement with Välinge allows Dongguan Bin Peng to start production and sale of vinyl flooring products such as LVT. The agreement also allows the company to utilize the glueless mechanical 2G, 5G and 1PFD locking system, which are based on Välinge’s patents.