The story
The group can trace its beginnings back over 150 years to Richard Baxendale, an iron founder, who began the Baxendale Company (R. Baxendale Preston) in 1866, based in Preston 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 Former 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.
From Wikipedia’s article on Baxi, shared under CC BY-SA 4.0.4