AGA ties up Chinese distribution deal

LEAMINGTON and Telford cooker and boiler maker AGA Rangemaster has agreed the basis for a reciprocal distribution and product development agreement with Chinese firm Vatti.

Vatti a leading supplier of household appliances will be selling AGA, La Cornue and Rangemaster products in China from 2013 and AGA Rangemaster aims to have 500 displays of Rangemaster appliances in Vatti new dealer stores over the next two years. 

AGA Rangemaster will also sell built-in products, to be developed with Vatti, in Europe through its distribution channels.

Vatti, which designed and manufactured the Olympic torch for the Beijing Games in 2008, has come to London as part of an Olympics-linked trade delegation and to sign the collaboration agreement.

Senior Government ministers met leading UK and Chinese industrialists at a global business summit in London on Friday aimed at fostering trade ties with China, the world’s second largest economy.

AGA Rangemaster has origins dating back to the start of the Industrial Revolution