Välinge grants 2G, 5G licenses for LVT, wood offerings

Home News Välinge grants 2G, 5G licenses for LVT, wood offerings

Viken, Sweden — Välinge announced that the Chinese company Zhejiang TianZhen Bamboo & Wood Development Co., Ltd. T & Z has entered into a global non-exclusive license agreement with Välinge for the use of locking systems in luxury vinyl tile (LVT) and wood flooring products.

Zhejiang TianZhen Bamboo & Wood Development Co., Ltd., T & Z, based in Zhejiang Province, China, began manufacturing LVT click flooring in 2010 and recently signed a license with Välinge for mechanical locking systems in wood, wood plastic composite and LVT flooring.

The license granted by Välinge also includes Classen’s IP rights relative to fold down locking systems as well as Mannington’s IP rights relevant for LVT floorings with a mechanical locking system.

T & Z is also granted the right to start production and sales of wood and wood plastic composite, WPC, flooring products with 2G and 5G locking systems to offer products with fast, easy installation and robust locking of the panels.

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