Unilin Forms Partnership with IOBAC for Magnetic Technology

Wielsbeke, Belgium, January 7, 2019-On January 3, Flooring Industries, Unilin’s intellectual property division, entered into an exclusive sublicensing arrangement to commercialize IOBAC’s magnetic technology globally.

IOBAC patented technology allows floors and walls to be installed simply and quickly using magnetism, while providing end-users with the flexibility to change and remodel in less time and at a lower cost than traditional systems.

The system-which has been tested in numerous commercial environments, including Sainsbury’s, Walgreens Boots Alliance, Wholefoods, Heathrow Airport and Hilton-will now be made available to a broader audience through Unilin IP’s licensing network.