Patent risks compel laminate supplier Parador to exit U.S. market
In addition, Parador extended a down payment to Unilin for its past sales of glueless laminates in the United States.
"The U.S. market is of great importance to Unilin," said Frans De Cock, managing director of the Unilin Group. "Those involved in the glueless laminate flooring business in the U.S. must be aware of Unilin's glueless patents and carefully assess the risks imposed on them by these patents.
"Parador made such an assessment and as a consequence they felt better to withdraw from the U.S. market," De Cock added.