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CompAir

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CompAir Group
Type Engineering and Manafacturing
Founded 1801 (as Holman Limited)
Headquarters Redditch, Worcestershire, UK
Industry Compressed Air & Gas
Products Air and Gas compressors
Operating income £ 6.7 million
Net income £ 231 million
Employees 1,750
Website www.compair.com/

CompAir is an engineering and manufacturing company specialising in compressed air and gas systems.

CompAir was acquired by Alchemy Partners from Invensys, which retained a small minority shareholding. Alchemy has invested £41.4 million to fund a complete restructuring of the loss-making CompAir business, in return for a 67% shareholding.

History Edit

CompAir was actually 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.

Time Line Edit

To finance the acquisition, Gardner Denver used excess available cash and new syndicated credit facilities.

Product rangeEdit

See also Edit

External linksEdit



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