Waregem, Belgium—i4F entered into an agreement with Unilin Technologies whereby i4F obtained, under certain conditions, a right to further sublicense the mineral core patents owned by Karl-Heinz Scholz and the Swiss company Li&Co.
“This agreement supports our conviction that the mineral core technology will continue to gain importance,” said Karl-Heinz Scholz and Edwin Lingg, CEO of Li&Co. “We would like to thank the Unilin Technologies’ team for their early belief in our R&D and patent efforts and for supporting us during all these years. It is a nice example of a strong partnership and we are looking forward to the future cooperation!”
In 2016, Unilin Technologies entered into an exclusive partnership agreement with Karl-Heinz Scholz and Li&Co to promote the mineral core-based panel technology and to strengthen the position of the related patents that were filed by Karl-Heinz Scholz and Li&Co. Therefore, licensees of the company could obtain additional protection on these patents, giving them an easier access to this mineral core product category. The parties said they now agreed to further support the growth of the category by allowing i4F to grant sublicenses on the patent portfolio to its licensing base.
“We want to thank Karl-Heinz and Edwin for their continued trust,” said Bart Van der Stockt of Unilin Technologies. “A lot of energy has been invested in the cooperation and we are happy that this joint effort has led to this agreement with i4F, which will certainly advance the development of the mineral core technology in our flooring business.”