Välinge has terminated its license agreement on glueless mechanical locking system with the Chinese laminate producer Jiangsu Licheer Wood Co., Ltd. The license is terminated due to non-compliance with the contractual provisions of the license agreement, according to Välinge.
Jiangsu Licheer Wood Co., Ltd can no longer claim to be a licensee of Välinge, nor can the company continue to produce products utilizing this unique patented technology to their customers under their now terminated agreement, Välinge said in a statement. The company has been holding a license for Välinge's 2G locking system since 2007, used on their laminate products.
Välinge terminates license with Jiangsu Licheer Wood Co.
November 21, 2011