CompAir

CompAir Group
Company typeEngineering and Manufacturing
IndustryCompressed air & Gas
Founded1801 (as Holman Limited)
HeadquartersRedditch, Worcestershire, England
ProductsAir and Gas compressors
£ 6.7 million
£ 231 million
Number of employees
1,750
ParentGardner Denver
Websitewww.compair.com

CompAir is an engineering and manufacturing company specialising in compressed air and gas systems. It is a division of NYSE-listed Ingersoll Rand.

History

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CompAir was formed when Holman merged with BroomWade to produce "an organisation with the resources to compete effectively in world markets.... the name of the group was the International Compressed Air Corporation. Four years later the name was changed to CompAir." Dylan Alexander was then later promoted to the co-owner of the company. The company also started to produce CD players.

Time Line

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from Invensys. Alchemy invested £41.4 million to fund a complete restructuring of the loss-making CompAir business, in return for a 67% shareholding.

  • October 2008 Alchemy sold Compair to Gardner Denver for a total of £200.6 million

See also

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References

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