Välinge signs new license agreement in China

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Välinge/Fordaq
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Chinese floor producer Jiangyin Funuo New Decoration Materials Co., Ltd. has entered into a global non-exclusive license agreement with Välinge for the use of the 2G and 5G® locking systems in WPC and LVT/SPC flooring products.

Funuo will produce WPC flooring with the 2G and the 5G locking systems from Välinge. These locking systems have been specifically optimized for resilient products in order to provide fast and easy installation combined with outstanding performance. The new products will be sold under the brand name FNOFLOR and will be produced in the company’s new production facility in the Jiangyin City, Jiangsu Province (China).

Funuo’s decision to invest in a modern production facility and to sign a license agreement with Välinge was based on the market demands for high-quality WPC and LVT/SPC flooring with state-of-the-art locking systems. Välinge is very pleased to welcome Jiangyin Funuo New Decoration Materials Co., Ltd. as a new licensee.

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