Baumann Group negotiates fixed exchange rate

The parent company of Bauformat, Burger and Badea brands has set the buying rate for a year to protect its retail network

01 Dec, 20

German kitchen and bathroom furniture manufacturer, the Baumann Group has negotiated a fixed exchange rate to assist its UK dealers.

Baumann Group negotiates fixed exchange rate

The parent company of Bauformat, Burger and Badea brands has set the buying rate for a year to protect its retail network.

According to the group, the fixed exchange rate means UK dealers can continue to quote on kitchens and bathrooms in the knowledge the buying rate will not fluctuate no matter what happens in the market.

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Country manager for UK and Ireland Bob Marsden explained: “All of our dealers pay in sterling and we have now set the rate for the whole calendar year thereby protecting our retailers from any market fluctuations.”

The Baumann Group has recently announced its Bauformat and Burger brands are certified as climate neutral.

Its aim is to not only reduce carbon emissions of production but to compensate  and have a positive footprint.

It has also refreshed its Badea bathroom furniture range, with the addition of frontals, carcase colours, basin tops and handles.

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