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KIRKBI to acquire a significant minority stake in Välinge Group from KKR

Viken, Sweden -

KIRKBI, the holding and investment company of the Kirk Kristiansen family, has signed an agreement to acquire KKR’s 49.8% stake in Välinge, a Swedish industrial R&D company, alongside the founding Pervan family that via Pervanovo Invest AB will maintain its majority ownership of 50.2%. The partnership with KIRKBI aims to further strengthen Välinge’s position as a leading industrial R&D company and flooring producer.

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Välinge acquires production facility from mother company

Viken, Sweden -

Välinge has acquired a new state-of-the-art factory from its mother company Pervanovo Invest AB to meet the increasing demand from its licensees while Pervanovo continues to invest in powder technology in order to serve its direct customers. 

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Välinge confident of US patent validity

Viken, Sweden -

The Curaçao-based company Innovations4Flooring recently filed a petition for Inter Partes Review (IPR) of the Välinge patent U.S. Patent No 7,398,625. All documents referred to in the IPR were already considered by the Patent Office during the examination of the patent and are therefore on record. It is Välinge’s strong belief that the claims of the patent will be found patentable by the Patent Trial and Appeal Board.

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