Coordinates: 51°16′25″N 0°46′00″W / 51.27361°N 0.76667°W
The group can trace its beginnings back over 140 years to Richard Baxendale, an iron founder, who began the Baxendale company in 1866, based in Preston in Lancashire. In the 142 years since the Group was founded, it has been responsible for many of the key engineering breakthroughs which have revolutionised the boiler market. The current Baxi Group was formed in November 2000 by the merger of the heating interests of Newmond plc (formerly the European Building Products Division of Williams Holding Plc) and Baxi Holdings plc.
Martyn Coffey was appointed Group CEO in January 2008 . He joined Baxi Group UK in April 2005 as Chief Executive for the UK and Ireland. He previously held the position of Chief Executive for Pirelli Cables UK the largest affiliate in the Pirelli Cables group. Martyn worked for 5 years overseas with the group in the US, Canada and Australia. Prior to this he worked with STC part of the ITT Group. Martyn graduated in Mathematics in 1984.
Strategic acquisitions and joint ventures included:
- Baymak (Turkey joint venture),
- CSE (now renamed Baxi Belgium),
- SenerTec(Combined Heat and Power specialists),
- European Fuel Cell
- Roca Heating (2005), in Spain and Portugal.