Välinge settles with TriForest and Vancouver Mouldings & Floors

VIKEN, Sweden — Välinge Innovation announced that it has entered into confidential settlement agreements for an undisclosed amount of monetary compensation with Canadian flooring manufacturers and distributors Triforest Inc., Triforest Manufacturer Inc. and the Canadian retail entity Vancouver Mouldings & Floors Inc.

According to a company statement, these settlements effectively conclude the legal proceedings initiated by Välinge Innovation in the Canadian Federal Court on May 15, 2024, in which it was alleged the Triforest companies and Vancouver Mouldings & Floors infringed several claims of two Canadian patents within Välinge’s extensive patent portfolio. 

The complaint also included the assertion that the patented 5G inserts, which are key components in the functionality of their well-known 5G locking system, had been sourced from an unauthorised manufacturer. By settling the case, all parties have avoided further litigation.

"Protecting and enforcing our intellectual property rights is central to our strategy. This is reinforced by a robust IP compliance program and diligent market monitoring, ensuring we are always fully prepared to take legal action when necessary,” said Jenny Svärd, legal director at Välinge Innovation. 

Välinge Innovation said it has a patent portfolio of approximately 3,500 granted patents for various flooring, furniture, and surface technologies and more than 300 entities across the globe licensed to use its innovative solutions. 

"This settlement highlights the importance for all actors on the marketplace to respect intellectual property rights to ensure fairness and drive innovation,” said Svärd. 

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Larry Adams | Editor

Larry Adams is a Chicago-based writer and editor who writes about how things get done. A former wire service and community newspaper reporter, Larry is an award-winning writer with more than three decades of experience. In addition to writing about woodworking, he has covered science, metrology, metalworking, industrial design, quality control, imaging, Swiss and micromanufacturing . He was previously a Tabbie Award winner for his coverage of nano-based coatings technology for the automotive industry. Larry volunteers for the historic preservation group, the Kalo Foundation/Ianelli Studios, and the science-based group, Chicago Council on Science and Technology (C2ST).