Wood based panel and laminate flooring companies Pergo, Uniboard and Unilin have reached agreement to settle all outstanding disputes between them.
The parties have agreed to enter into a cross-licensing agreement relating to mechanical joint, bevel, moulding and surface technologies. Legal actions against each other will be withdrawn.
“The parties are happy to have found a mutually beneficial solution that recognises the strong patent portfolio of each party,said a statement from Pergo and Uniboard both owned by the Pfleiderer group.
Unilin is own by US company Mohawk Industries. The parties have agreed not to disclose the specific terms of the settlement.