Innovations4Flooring Signs Licensing Agreement with Kronospan
Willemstad, Curacao -- Innovations4Flooring (I4F) announced that it has signed a global strategic partnership agreement with Kronospan. As part of this agreement, I4F has received rights for Kronospan’s one thousand-strong patent portfolio of floor locking, wall panels, board compositions and production technologies, as well as digital printing and furniture. This adds to I4F’s strategic partnership agreements with Classen and Kowon, established in 2017.
With more than 40 production sites and 14,500 people globally, Kronospan is the world’s largest manufacturer of wood-based panel products. Kronospan also holds a leading position in the production of laminate flooring with a strong investment plan for manufacturing LVT flooring.
“We see I4F as a leader in flooring installation IP and believe it is well placed to become a similar authority in other flooring, wall and furniture technologies,” said Ignace Gorus, Kronospan’s head of intellectual property. “Its innovative approach will maximize the impact of our R&D efforts to deliver market leading products.”
John Rietveldt, I4F’s CEO, added, “This latest strategic partnership with Kronospan is a significant stride forward on our path to deliver the best technological solutions for the flooring industry. Kronospan’s impressive heritage and commitment to innovation is fully aligned with our strategy to be a leading global technology company. We are partnering with the best and now, together with Kronospan, Classen and Kowon, we are creating a powerful platform that provides accessibility to open and meaningful innovations. In the next weeks, we will communicate details relating to the roll out and development of I4F’s fast growing patent portfolio.”