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APPLIANCES / INDUSTRY
Kleenmaid Appliances Back On Sale After Spectacular Collapse

By David Richards | Tuesday | 16/02/2010

Kleenmaid appliance products are set to go back on sale in Australia 12 months after the spectacular collapse of the Kleenmaid Group in Australia with debts of over $100 Million.

The group behind the brand, Compass Capital Partners, has said that it is prepared to help hundreds of consumers who lost their deposits in the collapse. Compass said that all sales will be via a Direct Clearance Centre at Banksmeadow in Sydney's south.

The group, which acquired the rights to the Kleenmaid brand late last year, will officially open the Centre on Saturday, 20 February, giving consumers access to $2 million worth of Kleenmaid appliances.

"We are delighted that people can purchase the high quality products that are manufactured under the Kleenmaid brand. Our immediate aim is to try and help consumers that have been affected by the collapse of the Kleenmaid group," said Compass CEO, Danny Hamilton. "Although we have no direct association with the Kleenmaid company that is in liquidation, we are prepared to assist people who lost their deposits or warranties, or are waiting for orders that were placed before Kleenmaid went into liquidation.

"We would encourage anyone who has been affected by the collapse to contact us directly to discuss how they can purchase Kleenmaid products by going to our website www.kleenmaid -appliances.com.au 

"In particular, before February 20, I encourage people who have outstanding orders with the old group to register on our website and provide details of their prior transaction so we can streamline our efforts to try and provide replacement products at a discounted price. Our discount offer is simply a good will gesture.

"The deposit that has been made with the former Kleenmaid will be offset by Compass in the form of a discount. There is more information about the discount on the website," Mr Hamilton said. Compass can also provide two-year warranties on selected products purchased from the former Kleenmaid group of companies that are in liquidation, with details available on the above website. Any purchase of new Kleenmaid products includes a two-year manufacturers' warranty. Compass has also formed new associations with the former Kleenmaid technical and services personnel and can offer a complete service offering to all Kleenmaid customers. These people are fully trained and are independent operators and further details are available on the website. The company is also negotiating with major national retailers to sell Kleenmaid appliances through retailing outlets by mid year.

Compass is sourcing its products from European manufactures that have been supplying Kleenmaid products for several years. "Our plan is based around restoring the brand. More than 1.2 million products have been sold in Australia over the past 25 years and we believe that we can successfully re-launch a quality brand which has a very loyal following across the country," Mr Hamilton added.

 

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