EXCLUSIVE: European Appliance Company Placed Into Administration
Trading from Victoria as Think Appliances the Company has appointed Grant Thornton Australia as administrator, it is not known whether the Company will be allowed to continue trading.
Founded in London during 1992, Baumatic is available in more than 40 countries worldwide, including Australia through Appliances Online, The Good Guys and Masters. The brand offers ovens, cooktops, range hoods, microwaves, dishwashers, upright cookers, laundry, and small appliances, with a focus on modern European styling, innovative features and value for money.
David Dunkley and Robert Lewis are acting as the administrators investigating a trade sale of the business.
Earlier this year, Baumatic partnered with Alno Kitchens for the opening of a new showroom in Melbourne.