CompAir reports successful six months

CompAir, which was taken over by the US-based Gardner Denver Inc in a $395 million cash deal completed in October last year, had seen a positive start to its financial year, with a steady rise in sales of compressors. The company said its figures highlighted that businesses were still investing in new technology as a way to use less energy and subsequently reduce costs. Managing director Colin Mander said: “It might seem unusual to replace equipment which might be working perfectly well and has always been reliable, but it could have a huge impact on running costs. Older compressed air systems will be less energy efficient than modern ones, so businesses that choose to update their machines can benefit from substantial savings.”