Classen confirms--in a statement published on the company's website on May 29, 2018--that Välinge has the exclusive sub-licensing rights for the Classen fold-down patents listed in the agreement signed back in 2012.
Välinge has purchased all Inotec’s patents regarding one-piece fold-down systems (all-side or short-side), which are registered in numerous countries such as the US, Canada as well as China and with many more applications worldwide including Europe. This patent portfolio also consists of several applications with some impressive specifications, which are expected to be granted shortly in Europe and other areas.
Record high number of patents granted to Välinge in 2017, adding 350 new patents to its already existing patent portfolio that now includes more than 1,850 granted and enforceable patents. Välinge has further been extending the scope of its patent protection for wood and laminate floorings with EIR, waxing, locking and bevel technologies through a non-assertion agreement with Unilin.