Novalis extends its license with Välinge

Home News Novalis extends its license with Välinge

Viken, Sweden—Novalis has entered into a license agreement covering specific Välinge and Mannington patent rights for LVT products. The agreement is part of a strengthened cooperation since Välinge and Novalis had already signed—in December 2012—a license agreement related to Fold Down technologies based on Välinge’s and Classen’s patent rights for use on their LVT products.

“More than 10 companies have already obtained protection on the Mannington patents since Välinge and valingeMannington entered into an agreement,” said Niclas Håkansson, CEO of Välinge, “and several more will follow. Novalis is dedicated to meet market demands by developing and launching new, improved consumer friendly products and solutions.

“Together with us,” he explained, “they take advantage of the possibility to obtain necessary licenses for use of related IP. We are announcing this agreement as an addition to an earlier agreement on the Fold Down system from Novalis, regarding its NovaClic FD products.”

In January 2012, Välinge and Mannington signed a cross-license agreement for LVT technology. This agreement covers the Välinge specific IP rights related to resilient flooring with priority from 2001 and Mannington IP rights, a resilient floor with a mechanical locking system, with priority from 1999. The agreement creates a very strong protection for any kind of LVT-floor with a mechanical locking system, noted Håkansson.

Must Read

Exclusive: ‘Bowtie Economist’ weighs in on inflation, housing

The Federal Reserve—the independent agency responsible for setting monetary policy in the U.S.—raised eyebrows last year when it openly stated that it would willingly...

Selling solely on price is a losing strategy

Nothing turns a salesperson’s smile upside down faster than the customer who responds to a fair quote with this statement: “Your price is higher...

WOFB: Lessons learned juggling work and family (part 2)

(Second of two parts) I’ve worked full-time and part-time and been a full-time stay-at-home mother. I’ve worked 100% in the office, solely from a...

Addressing the retailer vs. installer dilemna

I’ve noticed a lot of animosity betweenretailers, installers and manufacturers with my time spent in the online groups for flooring. There is an us-verses-them...

Digging deeper into Award of Excellence voting

We are two weeks removed from our annual Awards of Excellence dinner and awards presentation, where we had a record number of attendees at...

Award of Excellence 2023 winners announced

Garden City, N.Y.—In a repeat performance, Mohawk and Engineered Floors were the big winners in Floor Covering News’ 27th annual Award of Excellence competition,...
Some text some message..
X