Valinge Signs Vietnamese Bamboo Firm

Viken, Sweden, May 31, 2011 -- Välinge said it has signed a license agreement with a Vietnamese flooring producer Artex Tien Dong Co. for use of its glue free mechanical locking systems.

Artex will introduce the 2G locking system primarily on its new high quality bamboo flooring products.

The products, marketed under the brand name of “Licomi”, will be exported to Turkey, the U.S., Australia among other countries.