Välinge reports strong growth in 2020 boosted by a home renovation boom

Mar 16, 2021 | Markets | 0 comments

SWEDEN – In a year like no other, Välinge retained impressive growth and innovation momentum in 2020 — expanding their IP portfolio, licensee numbers, and launching their own flooring brand, Välinge flooring.

924VALINGE “Although nothing about 2020 could be considered normal, it was very much business-as-usual for us when it came to innovation and R&D. Our partners expect nothing less,” said Per Nygren, Vice President, Välinge Innovation. “They appreciate our total commitment to developing technology that puts the highest quality products into the hands and under the feet of consumers worldwide.”

With over 500 new patents granted in 2020, Välinge’s patent portfolio now exceeds 3500 patents distributed across new materials, locking technologies for flooring, walls and furniture, and surface technologies.

2020 also saw Välinge growing its licensee family, with over 30 new partners joining forces with the company during the year. Välinge licensees now number more than 260, with each one benefitting from the company’s industry-leading support and technical services.

During Q3-2020 Välinge also announced the launch of its own flooring products under the brand name ‘Välinge Flooring’ — made on-site at their HQ in Sweden using their state-of-the-art, high-volume production facility.

The first products are a collection of real wood floors that combine Välinge’s unique patented technologies, offering the unmistakable feel and luxury of a real wood floor with next-level durability and waterproofness. The rollout initially focused on the US market.

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