Välinge and Dehao settle their dispute.
Viken, Sweden - July 02, 2008
Välinge and Changzhou Dehao Decoration Materials Co Ltd have, following the earlier license termination, entered into settlement negotiations and a new understanding between the companies’ representatives has been found.
Välinge has, as now a new foundation for future co-operation has been established, granted a new world-wide non-exclusive license for laminate to Dehao and welcomes the company back as a licensee.
Välinge and Dehao are confident to achieve a common success on the basis of mutual respect and support.
"Respect for the intellectual property and the contractual obligations are the fundamentals for a good business relationship with Välinge" says Darko Pervan CEO of Välinge. "Companies who adhere to these principles are our partners and can count on our full support in the market."
Dehao looks forward to this renewed co-operation and is excited to belong once again to the Välinge licensees says George Zhang General Manager of Dehao.
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