CompAir (original) (raw)

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UK engineering and manufacturing company

CompAir Group

Company type Engineering and Manufacturing
Industry Compressed air & Gas
Founded 1801 (as Holman Limited)
Headquarters Redditch, Worcestershire, England
Products Air and Gas compressors
Operating income £ 6.7 million
Net income £ 231 million
Number of employees 1,750 (2009)
Parent Gardner Denver
Website www.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.

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."

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