CompAir is an engineering and manufacturing company specialising in compressed air and gas systems. It is a division of

NYSE The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is by far the List of stock exchanges, world's largest s ...

-listed

Ingersoll Rand Ingersoll Rand is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Randplc (now known as Trane Technologies) ...

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

Holman Bros Ltd Holman Brothers Ltd. was a mining equipment manufacturer founded in 1801 based in Camborne, Cornwall, England. Holman was Camborne's, and indeed Cornwall's largest manufacturer of industrial equipment. Holman played a part in World War II ma ...

formed in 1801 in

Camborne Camborne ( kw, Kammbronn) is a town in Cornwall, England. The population at the 2011 Census was 20,845. The northern edge of the parish includes a section of the South West Coast Path, Hell's Mouth and Deadman's Cove. Camborne was formerl ...

Cornwall Cornwall (; kw, Kernow ) is a historic county and ceremonial county in South West England. It is recognised as one of the Celtic nations, and is the homeland of the Cornish people. Cornwall is bordered to the north and west by the Atlantic ...

*BroomWade in 1898 in High Wycombe, Buckinghamshire, UK *In 1968 the two companies merged to form CompAir *In 1985 Compair was acquired by

Siebe Gorman Siebe Gorman & Company Ltd was a British company that developed diving equipment and breathing equipment and worked on commercial diving and marine salvage projects. The company advertised itself as 'Submarine Engineers'. It was founded by Aug ...

*In 1999 Siebe PLC and

BTR plc BTR plc was a British multinational industrial conglomerate company headquartered in London, United Kingdom. It was founded in 1924, grew strongly by acquisition under Sir Owen Green's leadership, and merged with Siebe plc in 1999 to form BTR ...

merge to become

Invensys Invensys Ltd. was a multinational engineering and information technology company headquartered in London, United Kingdom. It was formed in 1999 through the merger of BTR plc and Siebe plc. It had offices in more than 50 countries and its produc ...

*In 2002 acquired from

Alchemy Partners Alchemy Partners is a British private equity firm, which specialises in investing in distressed and undervalued or underperforming businesses and other special situations through debt and equity throughout Europe. Alchemy was founded in 1997 by ...

(Guernsey) Ltd. for £1. from

. 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 Ingersoll Rand is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Randplc (now known as Trane Technologies) ...

for a total of £200.6 million

References

External links

*{{Official website, www.gardnerdenver.com/compair Engineering companies of England Companies based in Redditch Ingersoll Rand

History

Time Line

See also

References

External links