Baxi is part of

BDR Thermea The BDR Thermea Group is a European manufacturer and distributor of domestic and commercial water and space heating systems. Its brands include Baxi, De Dietrich Remeha, Brötje, Chappée and Baymak. BDR Thermea Group operates in more than 10 ...

, one of Europe's largest manufacturers and distributors of domestic and commercial

water Water (chemical formula ) is an inorganic, transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's hydrosphere and the fluids of all known living organisms (in which it acts as ...

and space heating systems. Baxi employs 6,400 people throughout Europe, with a turnover exceeding €1.2 billion. The group has significant

market share Market share is the percentage of the total revenue or sales in a market that a company's business makes up. For example, if there are 50,000 units sold per year in a given industry, a company whose sales were 5,000 of those units would have a ...

s across all major continental territories and in the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and ...

. It is also expanding into new markets such as

Romania Romania ( ; ro, România ) is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern, and Southeast Europe, Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, S ...

and

Argentina Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the List of South American countries by area, second-largest ...

and already has a direct presence in

Russia Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-ei ...

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slig ...

and the

Czech Republic The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The ...

. It has a presence of joint venture partnerships in developing locations, like

Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a small portion on the Balkan Peninsula ...

. Today, BDR Thermea owns and sells some of the leading brands in the European market for heating products. It is known under various pseudonyms worldwide, including ''Chappée'' and ''Ideal Standard'' in

France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...

, ''Roca'' in Spain, and ''Broetje'' in

Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwee ...

. Baxi operates four sites in the UK:

Warwick Warwick ( ) is a market town, civil parish and the county town of Warwickshire in the Warwick District in England, adjacent to the River Avon, Warwickshire, River Avon. It is south of Coventry, and south-east of Birmingham. It is adjoined wit ...

Preston Preston is a place name, surname and given name that may refer to: Places England *Preston, Lancashire, an urban settlement **The City of Preston, Lancashire, a borough and non-metropolitan district which contains the settlement **County Boro ...

Norwich Norwich () is a cathedral city and district of Norfolk, England, of which it is the county town. Norwich is by the River Wensum, about north-east of London, north of Ipswich and east of Peterborough. As the seat of the Episcopal see, See of ...

and

Wokingham Wokingham is a market town in Berkshire, England, west of London, southeast of Reading, north of Camberley and west of Bracknell. History Wokingham means 'Wocca's people's home'. Wocca was apparently a Saxon chieftain who may ...

. There are also numerous training centers nationwide, including

Dartford Dartford is the principal town in the Borough of Dartford, Kent, England. It is located south-east of Central London and is situated adjacent to the London Borough of Bexley to its west. To its north, across the Thames estuary, is Thurrock in ...

and

Godmanchester Godmanchester ( ) is a town and civil parish in the Huntingdonshire district of Cambridgeshire, England. It is separated from Huntingdon, to the north, by the valley of the River Great Ouse. Being on the Roman road network, the town has a lo ...

. Its investment is based on boiler products and renewable technologies, including

solar thermal Solar thermal energy (STE) is a form of energy and a technology for harnessing solar energy to generate thermal energy for use in industry, and in the residential and commercial sectors. Solar thermal collectors are classified by the United S ...

hot water systems, ground source

heat pump A heat pump is a device that can heat a building (or part of a building) by transferring thermal energy from the outside using a refrigeration cycle. Many heat pumps can also operate in the opposite direction, cooling the building by removing ...

air source The atmosphere of Earth is the layer of gases, known collectively as air, retained by Earth's gravity that surrounds the planet and forms its planetary atmosphere. The atmosphere of Earth protects life on Earth by creating pressure allowing for ...

heat pumps,

biomass boiler Biomass heating systems generate heat from biomass. The systems fall under the categories of: *direct combustion, *gasification, *combined heat and power (CHP), *anaerobic digestion, * aerobic digestion. Benefits of biomass heating The use of b ...

s and micro combined heat and power with ''baxi-innotech''.

History

The group can trace its beginnings back over 150 years to Richard Baxendale, an iron founder, who began the Baxendale Company in 1866, based in

in Lancashire. Since the company was founded, it has been responsible for many of the key engineering breakthroughs which have revolutionized the boiler market. The current ''Baxi Group'' was formed in November 2000 after the merger of the heating interests of Newmond plc (formerly the European Building Products Division of Williams Holding plc) and Baxi Holdings plc. The company's main

shareholders A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal ...

are now

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a t ...

investors,

BC Partners BC Partners is a British international investment firm with over $40 billion of assets under management across private equity, credit and real estate in Europe and North America. Its global headquarters are in London. The firm invests across all ...

and Electra.

Baxi International

''Baxi International'', a division of the Baxi Group, was formed in 2002 to manage the group's international sales, marketing, and after-sales activities in more than 70 countries across the world.

Joint Ventures

Strategic acquisitions and joint ventures since 2000 have included Baymak (Turkey joint venture), ''Baxi Belgium'', ''SenerTec'' (combined heat and power), ''European Fuel Cell'' ( fuel cell technology) and ''Roca Heating'', the market leader in

residential A residential area is a land used in which housing predominates, as opposed to industrial and commercial areas. Housing may vary significantly between, and through, residential areas. These include single-family housing, multi-family resi ...

heating equipment in Spain and

Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of th ...

. In October 2004, ''Baxi Holding Ltd'' sold the ''Aqualisa'' division, to a management buy-out backed by ''CBPE Capital'' for £82.5

million One million (1,000,000), or one thousand thousand, is the natural number following 999,999 and preceding 1,000,001. The word is derived from the early Italian ''millione'' (''milione'' in modern Italian), from ''mille'', "thousand", plus the a ...

Baxi in England

Preston

The company continues to be a major employer in

at the manufacturing and testing facility. Baxi is former owner and sponsor of

Preston North End Preston North End Football Club, commonly referred to as Preston, North End or PNE, is a professional football club in Preston, Lancashire, England, who currently play in the EFL Championship, the second tier of the English football league syste ...

, having taken over the club in summer 1994 when it had been in serious financial difficulty for several years. Baxi's chief executive Bryan Gray became club chairman. One of the first announcements by the new board was that Deepdale, until then a dilapidated stadium owned by Preston Council, would be upgraded into a modern stadium after the injection of extra funds by Baxi and from a subsequent new share issue. Gray resigned as club chairman in the autumn of 2001 and Baxi declined to appoint a replacement, so it was immediately clear that the company intended to sell its holding in the club. By this time, three of the four new stands at

Deepdale Deepdale is a football stadium in the Deepdale area of Preston, England, the home of Preston North End. Deepdale is "widely recognised as being the oldest 'continuously used' football stadium in the world, though this is contested". History ...

had been rebuilt and reopened but work on the fourth was delayed by several years following the collapse of

ITV Digital ITV Digital was a British digital terrestrial television broadcaster which launched a pay-TV service on the world's first digital terrestrial television network. Its main shareholders were Carlton Communications plc and Granada plc, owners ...

, which cost the club an income of £4.6 million over the next two years (the stand was finally opened in 2008). The club was initially bought by existing directors and sponsors but has subsequently been taken over by

Lancashire Lancashire ( , ; abbreviated Lancs) is the name of a historic county, ceremonial county, and non-metropolitan county in North West England. The boundaries of these three areas differ significantly. The non-metropolitan county of Lancas ...

businessman Trevor Hemmings.

Warwick

The company's contact centre currently employs some 100 call handlers working from offices based in

. Handling customer enquiries relating to heating system breakdowns, the contact centre also provides a technical helpdesk and handles approximately 6,000

calls Call or Calls may refer to: Arts, entertainment, and media Games * Call, a type of betting in poker * Call, in the game of contract bridge, a bid, pass, double, or redouble in the bidding stage Music and dance * Call (band), from Lahore, Pak ...

per day.

Merge

In July 2010, the group agreed to merge with

Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

business rival

De Dietrich Remeha De Dietrich Remeha is one of Europe's biggest manufacturers and distributors of domestic and commercial water and space heating systems. Headquartered in Apeldoorn in the Netherlands, it was founded in July 2004 after a merger between the Dutch f ...

to form BDR Thermea.

Baxi partnership

It is Britain's largest employee owned manufacturing company. The original company was left in a trust for the benefit of its employees. The trust required an act of parliament specially to set it up because UK trust laws placed restrictions on trust and the original intentions of the trust not being compatible. This resulted in the ''Baxi Partnership Limited Trusts Act 2000'' being enacted. The BDR Thermea employs more than 5,400 people throughout Europe with a turnover of £850 million.

Products

* Baxi Toolbelt app * Benchmark Checklist app

UK subsidiaries and locations

*Andrews Water Heaters –

*Baxi –

*Baxi Customer Support (Servicing) –

*Baxi Genuine Parts –

*Elson –

*Heatrae Sadia –

*Main – Warwick *Potterton – Warwick *Potterton Commercial –

*Santon –

*Remeha Commercial –

Not a subsidiary of Baxi

Overseas subsidiaries and locations

*BAXI –

Bassano del Grappa Bassano del Grappa ( vec, Basan or ''Bassan'', ) is a city and ''comune'', in the Vicenza province, in the region of Veneto, in northern Italy. It bounds the communes of Cassola, Marostica, Solagna, Pove del Grappa, Romano d'Ezzelino, Campolongo ...

(Italy) *Baymak (Turkey joint venture), *CSE (now renamed Baxi Belgium), *SenerTec (

Combined Heat and Power Cogeneration or combined heat and power (CHP) is the use of a heat engine or power station to generate electricity and useful heat at the same time. Cogeneration is a more efficient use of fuel or heat, because otherwise- wasted heat from elect ...

specialists), *European Fuel Cell *Roca Heating (2005), in Spain and Portugal. *Brötje in Germany *Chappée in France

References

Telegraph article listing Baxi & new turnover figure

External links

Baxi Website

{dead link, date=October 2016 , bot=InternetArchiveBot , fix-attempted=yes Manufacturing companies of the United Kingdom Employee-owned companies of the United Kingdom Companies based in Preston Private equity portfolio companies Heating, ventilation, and air conditioning companies Companies based in Warwick British brands Preston North End F.C.