Välinge Innovation has announced a new licensee for its groundbreaking Liteback® technology. Jiangsu Success Wood Products — better known as Pridon, has signed a global non-exclusive license agreement for the use of both Liteback® and Välinge’s market-leading 5G® locking systems including 5G-i® Push Down and 5G® Fold Down.
Välinge Innovation announced today a further strengthening of their collaboration with machine supplier HOMAG China — signing a cooperation agreement that allows Välinge to offer its licensees in China next-level access and support to the latest generation of automated inserters for both the 5G® Fold Down locking system and Threespine® click furniture technology.
Välinge Innovation is excited to announce a sponsor partnership with the National Wood Flooring Association (NWFA) in North America. NWFA is a trade association representing all segments of the hardwood flooring industry in the US, and its training and guidelines for installations are the reference points for the industry.
Pervanovo Invest AB, Välinge Innovations’ parent company headquartered in Viken Sweden, and with subsidiaries in Croatia, has acquired 98% of the shares in the Croatian listed company Spacva d.d. in Vinkovci.
Hardened Wood Floors featuring Välinge’s patented Woodura® technology are taking the flooring world by storm — combining the beauty and feel of a real wood floor with exceptional water-resistance, durability, and sustainability. To meet the demand for this revolutionary flooring category, Bjelin d.o.o. — owned by Välinge majority shareholder, Pervanovo Invest AB — has recently begun construction of the world’s largest wood flooring factory in Ogulin, Croatia, for the production of flooring featuring Woodura® surface technology under licence from Välinge Innovation.