CompAir

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

History

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

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

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