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Unilin IP enters into exclusive partnership with IOBAC on magnetic flooring and walling technology

08/01/2019
NEWS

On 3rd January 2019, Flooring Industries, Unilin’s intellectual property division, entered into an exclusive sublicensing arrangement to commercialize IOBAC’s revolutionary magnetic technology globally. IOBAC patented technology, allows floors and walls to be installed simply and quickly using magnetism, while providing end-users with ultimate flexibility to change and remodel in less time and at a lower cost than traditional systems.

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Unilin's IP business files court case against Halstead International Group

20/03/2018

On March 16, 2018, Flooring Industries, Unilin's IP division, filed a court case against Tower IP Co., the Irish intellectual property company of Halstead International and Vertex, before the Landgericht in Düsseldorf, Germany.   

The case is based on alleged breaches by Tower IP Co of its 2013 agreement with Flooring Industries. Flooring Industries is of the opinion that Tower IP Co. breached several of its obligations, including non-reporting and non-payment of fees for Halstead International Group's world-wide imports and sales of products with I4F locking technology.  
 
Flooring Industries is convinced that products with I4F locking technologies fall under several of its patents, and is therefore demanding payment of all due contractual fees, increased with contractual penalties and interests.

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