Baxi Partnership Limited
The Baxi Partnership Trust was set up as an employee benefit trust (EBT) by Philip Baxendale and his cousin Joan Caselton in 1983 when they sold their gas-boiler manufacturing company to the trust for only one tenth of its value; a massive gift to the employees. The aim of the EBT was to enable the employees of the boiler manufacturing company to keep the company independent and to share in the wealth they had helped to create. Over the next 16 years the company grew to £200m sales and was highly productive and profitable.
Contact Details
Office Address
Baxi Partnership Limited
Evans Business Centre, Pitreavie Business Park
Dunfermline, Fife, UK KY11 8UU
Phone: +44-1383-749-672
Fax: +44-1383-749-671
Executives
Managing Director
David Erdal