I4F Enters Outdoor Market with Magnet Decking License
Turnhout, Belgium, July 24, 2023-I4F has signed an exclusive patent partnership agreement with Exterpark.
This new agreement gives I4F the sole licensing rights for all Magnet technologies from Exterpark worldwide, and signifies i4F’s official entrance into the global outdoor decking market-projected to reach at least $20 billion by 2027, with a very fast-growing share for decking, according to I4F CEO John Rietveldt.
Exterpark is a pioneer in outdoor decking solutions. It was the first to launch a hidden fastener solution worldwide, eliminating visible screws on top of the decking, and was also the original inventor of the invisible profile.
The patented Magnet installation system provides an easy DIY installation solution for outdoor decking that is up to two times faster to install than traditional installation systems. The system also offers sound reduction and includes a unique, invisible profile system that eliminates gaps between outdoor decking boards while providing optimal drainage and ventilation. Additionally, Magnet aluminum joists offer enhanced stability and have the capacity to hold up to 4,000 kg per square meter, helping boards remain straight.