German kitchen and bathroom furniture manufacturer, the Baumann Group, which incorporates the Bauformat, Burger and Badea brands, has negotiated a fixed exchange rate in a bid to assist its UK dealers.
The fixed exchange rate means that UK dealers can continue to quote on kitchens and bathrooms with confidence knowing that their buying rate will not fluctuate no matter what happens in the market over the forthcoming year.
Bob Marsden, country manager for UK and Ireland, pictured, explains: “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.”
