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Swiss Krono Group and Kronospan sign long-term license-agreements with Välinge Innovation for 5G® locking technology

Viken, Sweden -

Välinge is proud to announce that both Swiss Krono and Kronospan groups have recently signed long-term agreements with Välinge Innovation, committing to promote Välinge’s 5G® technology worldwide.

Swiss Krono Group and Kronospan Group have both been Välinge licensees since 2005, thereby making sure to remain at the forefront of the flooring technology with Välinge’s continuous innovations.

Both groups, already with significant 5G volumes in the market since many years, have now through their extended agreements committed to more actively promote Välinge’s 5G technology and brand worldwide in their flooring products.

 ”We consider Välinge’s 5G® technology as one of the most sought-after locking systems in the market and therefore plan to increase our volumes. We have learned that 5G is highly demanded by professionals as well as DIY-customers on several markets. With this strategic long-term cooperation with Välinge, we will continue to offer high-quality products to our customers, both from a technical and design perspective,” says Max von Tippelskirch, CSCO of the Swiss Krono Group.

”This agreement means that Kronospan have secured the future license needed to continue with the 5G technology,” says Mr Wolf Harig, who has acted as senior advisor to Kronospan during the negotiations.

Promoted by installers, distributors and consumers as the best alternative for fold-down installation of laminate, wood and resilient floorings, the 5G technology is today used by more than 100 flooring producers around the world. With 5G, floor installation has never been easier and more than 1,4 billion sqm flooring have already been installed worldwide with 5G/Fold Down locking systems.

”Both Swiss Krono and Kronospan have been early adopters of the 5G technology, to offer their customers fast, easy and robust installation and a significant part of their product portfolio is already today offered with 5G Fold Down technology. We are now pleased to have signed long-term agreements with Swiss Krono and Kronospan groups respectively and see them as valuable partners with the ability to continue to drive forward the most user-friendly locking system on even more markets” says Välinge’s CEO, Niclas Håkansson.

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