Innovations4Flooring (I4F) has signed a strategic partnership agreement with the Classen Group. As part of the agreement, I4F has become a substantial shareholder in Classen Intellectual Property GmbH (Classen IP). The terms of the partnership were not disclosed.
In addition to his position as CEO of I4F, John Rietveldt, also becomes Managing Director of Classen Intellectual Property.
Dr. Hans-Jürgen Hannig, Chairman Classen Group, and Arne Loebel, Managing Director Classen Group, maintain their current roles as Directors at Classen IP.
This strategic partnership will leverage both companies’ respective strengths in flooring innovation as well as patent portfolios to offer the global flooring industry cutting-edge floor-locking solutions.
Commenting on the new partnership, I4F said, “Clear synergies exist between I4F and Classen IP. We see Classen as a leading producer and innovator in flooring technologies that, when combined with our innovations and business development, will deliver outstanding new flooring technology solutions for the future.”
Based in Willemstad, Curaçao, Innovations4Flooring is a privately-owned technology company focused on the development of patents and flooring installation solutions.
