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.
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.
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.
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.