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.
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.
Välinge Innovation has shared new information about their sustainability mission and their FSC certified Välinge Flooring products. The FSC certification was a major milestone in the Swedish company’s sustainability goals — having worked closely with the FSC to adapt their production and work practices to satisfy the high demands of the Forest Stewardship Council.
To satisfy a growing demand for their Threespine® click furniture technology, Välinge Innovation has announced that they are expanding their local network of representatives — with Samuele Pierotti joining as an agent for Italy and Slawomir Slazak taking responsibility for the Polish market.